Daily HFT Trade Setup – USDJPY Can't Go Past the HFT Sell Zone


We are analyzing the activity of high-frequency trading algorithms this morning and find that the USDJPY pair may offer interesting day-trading opportunities from the short side.

USDJPY has already reached the light HFT selling pressure zone that is noted today at 105.69 and above. The price reacted well,and the bullish attempt was reversed. The advanced FxTR Divergence indicator is also showing bearish divergence is present on the hourly timeframe.

Looking at potential targets to the downside, USDJPY bears may aim for the light HFT buying pressure zone that is noted at 105.18 and below.