Daily HFT Trade Setup – EURUSD Confined Between HFT Sell & Buy Zones Ahead of FOMC Meeting
The analysis of HFT algorithms in the Forex market today shows that the EURUSD pair is stuck in a range ahead of a very important FOMC meeting tonight.
Volatility will certainly surge here, so traders will be on the lookout for setups to enter the market. The HFT zones can be particularly useful for this as it identifies the high-probability areas for reversals.
The HFT zones are located at the following levels on EURUSD for today's session:
- the light HFT buying pressure zone at 1.1565 and below.
- light HFT selling pressure zone at 1.1603 and above.
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