Daily HFT Trade Setup – EURUSD Reverses at HFT Selling Zone
Today's analysis of Fx HFT algorithms shows that the EURUSD pair has reached and reversed at the light HFT selling pressure zone that is located at 1.0005 and above.
EURUSD is now moving further down and approaching the psychological 0.9950 level. The bears will be looking for opportunities here and potential move again toward the 0.99 lows.
The light HFT buying pressure zone is located nearby, at 0.9916 and below.