Currency pair USDJPY yesterday reached the light HFT selling pressure zone that was noted at 110.81 and above. This price reacted strongly here and soon reversed leading to a bearish move of more than 70 pips - giving a very profitable trading opportunity.
Today on USDJPY:
USDJPY has already reached the light HFT buying pressure zone today, noted at 109.85 and below. Medium HFT buying pressure noted at 108.87 and below. Strong HFT buying pressure can be seen today at 107.89 and below.
Light HFT selling pressure noted at 110.83 and above. Medium HFT selling pressure noted at 111.81 and above. Strong HFT selling pressure can be seen today at 112.79 and above.
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