Daily HFT Trade Setup – HFT Algorithms Turning Bearish on NZDUSD
The analysis of high frequency trading algorithms in today's Fx trading session shows that the NZDUSD pair could provide trading opportunities from the short side.
Namely, NZDUSD reached the light HFT selling pressure zone that is located at 0.6307 and above. The bears pushed down on the attempt here, and NZDUSD has now reversed lower. The pair is pushing below the 0.6300 round number level and could fall further today.
To the downside, the light HFT buying pressure zone is located today at 0.626 and below.
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