Daily HFT Trade Setup – EURJPY Touched HFT Sell Zone and Fell

 
 
 
 
 
 
 

Today’s analysis of Fx HFT algorithms shows that the EURJPY pair could be a shorting opportunity for the current trading session.

Namely, EURJPY briefly touched and reversed from the light HFT selling pressure zone that is noted at 138.96 and above. The 1-hour chart shows some bearish candles have formed at the highs, although the pair is yet to break key support levels to the downside.

The light HFT buying pressure zone is noted at 137.97 and below.

EURJPY HFT trade idea