Daily HFT Trade Setup – AUDUSD Moving Up Toward HFT Sell Zone
The analysis of the activity of high frequency trading algorithms in the Fx market today shows that the AUDUSD pair could provide potential trading setups from the short side.
AUDUSD has been moving up since the start of today's session and, if it continues on this trajectory, will soon reach the light HFT selling pressure zone today that is located at 0.771 and above. Fx traders will be looking for reversal trade setup if/when that occurs.
To the downside, the light HFT buying pressure zone is located at 0.7668 and below.
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