Currency pair USDJPY reacted yesterday 0,8 pips below the light HFT selling pressure zone that was noted at 112.13 and above. More than 60 pips downside move followed and the Doji and the Inside Bar candles (H1 time-frame) provided very interesting trade opportunities.
Today on USDJPY:
Light HFT selling pressure noted at 111.91 and above. Medium HFT selling pressure noted at 112.56 and above. Strong HFT selling pressure can be seen today at 113.21 and above.
Light HFT buying pressure noted at 111.26 and below. Medium HFT buying pressure noted at 110.61 and below. Strong HFT buying pressure can be seen today at 109.96 and below.
USDJPY Current Trading Positions
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