Daily HFT Trade Setup – NZDUSD Moving Toward HFT Selling Zone
The analysis of high frequency trading algorithms in the Forex market today shows that the NZDUSD pair may be the place where bearish trading opportunities will exist.
NZDUSD is rising in the session so far and is close to reaching the light HFT selling pressure zone, which is located at 0.6296 and above. Fx traders will be looking for potential bearish setups and sell signals in this area.
To the downside, the light HFT buying pressure zone is noted today at 0.6199 and below.