FX Trading Revolution Team
FX Trading Revolution
Analysis of the activity of HFT algorithms in the Forex market indicates that the AUDNZD pair could be a good buying opportunity today.
The pair has reached the light HFT buying pressure zone that is noted at 1.0587 and below, where the price reacted strongly and AUDNZD bounced. This was followed by the Master MACD and advanced CCI turning bullish also which signals further bullish price action for this pair.
The road higher is clear of resistance until the highs at 1.0615 and the light HFT selling pressure zone - noted at 1.0626 and above.
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