Daily HFT Trade Setup – AUDUSD Climbing Toward HFT Sell Zone
The analysis of high frequency Fx trading algorithms indicates that the AUDUSD currency pair may be near to reaching its daily high.
Namely, AUDUSD is rising for most of the session so far and is now close to reaching the light HFT selling pressure zone that is noted for today's session at 0.7160 and above. Stronger bearish forces are likely to emerge in this area could push the price back down.
The light HFT buying pressure zone is located today at 0.7063 and below.
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