The USDJPY currency pair yesterday reached the light HFT selling pressure zone that was noted at 106.81 and above. All bullish attempts were reversed in this area and then USDJPY started a 70 pips bearish move - providing interesting trading opportunities on the day.
Today on USDJPY:
Light HFT selling pressure noted at 107.15 and above. Medium HFT selling pressure noted at 108.189 and above. Strong HFT selling pressure can be seen today at 109.228 and above.
Light HFT buying pressure noted at 106.11 and below. Medium HFT buying pressure noted at 105.071 and below. Strong HFT buying pressure can be seen today at 104.032 and below.
USDJPY Current Trading Positions
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