The EURUSD currency pair reached the light HFT selling pressure zone yesterday which was noted at 1.2346 and above. Then, the bullish momentum accelerated and EURUSD also reached the medium HFT selling pressure zone. Here, all bullish attempts were successfully reversed and EURUSD closed the day inside of the light HFT selling pressure zone.
Today on EURUSD:
EURUSD already reached the light HFT selling pressure zone today - noted at 1.2407 and above. Medium HFT selling pressure noted at 1.248 and above. Strong HFT selling pressure can be seen today at 1.2552 and above.
Light HFT buying pressure noted at 1.2335 and below. Medium HFT buying pressure noted at 1.2262 and below. Strong HFT buying pressure can be seen today at 1.219 and below.
EURUSD Current Trading Positions
High Risk Warning: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
ADVISORY WARNING: Any news, opinions, research, data, or other information is provided as general market commentary and does not constitute investment or trading advice. FXTradingRevolution.com expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.