HFT Signals: USD/JPY May 17, 2017
FX Trading Revolution | May 17, 2017 06:27AM ET
Currency pair USD/JPY reached yesterday the light HFT buying pressure zone that was noted at 113.33 and below. USD/JPY reacted there absolutely accurately and more than 45 pips bullish move followed. Then USD/JPY accumulated enough bearish strength again and closed yesterday's trading day within the light HFT buying pressure zone.
Today on USD/JPY: The market already reached the light HFT buying pressure zone noted today at 112.76 and below. Medium HFT buying pressure noted at 111.90 and below. Strong HFT buying pressure can be seen today at 111.05 and below.
Light HFT selling pressure noted at 113.61 and above. Medium HFT selling pressure noted at 114.46 and above. Strong HFT selling pressure can be seen today at 115.32 and above.
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