Currency pair EURUSD yesterday reached the light HFT selling pressure zone that was noted at 1.2297 and above. The reversal was strong and timely here and provided a great selling opportunity to profit on the bearish move of more than 90 pips that followed.
Then EURUSD hit the light HFT buying pressure zone which was noted at 1.2208 and below. Numerous bearish attempts were stopped in this area and in the end, EURUSD closed here as well.
Today on EURUSD:
Light HFT selling pressure noted at 1.2279 and above. Medium HFT selling pressure noted at 1.2425 and above. Strong HFT selling pressure can be seen today at 1.2571 and above.
Light HFT buying pressure noted at 1.2133 and below. Medium HFT buying pressure noted at 1.1987 and below. Strong HFT buying pressure can be seen today at 1.1841 and below.
EURUSD Current Trading Positions
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