Daily HFT Trade Setup – HFT Algorithms Buying Pushes AUDJPY Higher
Today's analysis of high frequency trading algorithms shows bullish activity on the AUDJPY currency pair after it reached a new cycle low earlier in the morning, around the 79.90 level.
AUDJPY reached the low inside of the light HFT buying pressure zone today, which is located at 80.15 and below for the current daily session.
The advanced FxTR Divergence indicator (bottom on the chart) also gave a bullish signal at the lows.
AUDJPY is now moving up and could go toward the light HFT selling pressure zone, standing today at 80.76 and above.
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