Daily HFT Trade Setup – EURUSD Trading Close to HFT Selling Zone
Today’s analysis of Fx HFT algorithms’ activity shows that the EURUSD pair is rising toward the light HFT selling pressure zone that is noted at 1.0754 and above.
Previous highs stand nearby, suggesting that technical resistance also coincides with the light HFT zone around the 1.0750 round number level. EURUSD traders will be looking for bearish signals inside it to potentially establish short positions.
The light HFT buying pressure zone is noted at 1.0693 and below. It will come into focus as a potential target if a bearish move materializes today and EURUSD slips below the 1.078 mark.
