The USDJPY currency pair yesterday reached the light HFT buying pressure zone that was noted at 110.15 and below. The bearish attempts were reversed here and USDJPY started a bullish move of more than 60 pips which provided interesting trading opportunities.
Then, USDJPY also reached the light HFT selling pressure zone which was noted at 110.51 and above. All bullish attempts were stopped here in the end and USDJPY also closed the day in this area.
Today on USDJPY:
Light HFT selling pressure noted at 111.04 and above. Medium HFT selling pressure noted at 111.827 and above. Strong HFT selling pressure can be seen today at 112.614 and above.
Light HFT buying pressure noted at 110.25 and below. Medium HFT buying pressure noted at 109.463 and below. Strong HFT buying pressure can be seen today at 108.676 and below.
USDJPY Current Trading Positions
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