Daily HFT Trade Setup – EURUSD Turns Around at HFT Selling Zone
The analysis of HFT algorithms in the Forex market today shows that EURUSD has turned the corner quickly after reaching the light HFT selling pressure zone that is located at 1.1841 and above.
Namely, EURUSD poked into the HFT sell zone, but the bears were quickly able to overcome the bulls, and the price turned lower.
The short-term charts show that dynamics have shifted more to the bearish side now. The hourly timeframe below shows that the advanced FxTR Divergence indicator has picked up the existence of bearish divergence at the daily high.
The light HFT buying pressure zone is located at 1.1805 and below.
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