EUR/USD Is Between HFT Selling and Buying Zones!
|The analysis of HFT algorithms in Fx this morning shows that the EURUSD currency pair is currently finding itself midway between the light HFT selling and the light HFT buying pressure zones.
These HFT zones today are noted at:
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1.1104 and above - light HFT selling pressure zone
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1.1076 and below - light HFT buying pressure zone
Intraday Forex traders will be looking for reverse-trading opportunities in these zones today if the price reaches any of them. It's also worth noting that the recent trend on the larger timeframes is down, so from this perspective, it's more probable that selling opportunities would work better compared to buying opportuinies on EURUSD here.
EUR/USD Current Trading Positions
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