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Daily HFT Trade Setup – AUDUSD Moving Up & Down Between HFT Sell and Buy Zones

Daily HFT Trade Setup – AUDUSD Moving Up & Down Between HFT Sell and Buy Zones

The activity of high-frequency trading algorithms today shows interesting behavior on the AUDUSD currency pair. Namely, the pair moved to the upside early in the Asian session, and then started to decline, which has taken it almost to the light HFT buying pressure zone that is noted at 0.7617 and below.

While the HFT buy zone hasn't been yet reached, the bulls will be ready to take the long side if some bullish signals occur here.

On the upside, the area of interest is around today's highs, which is also near the light HFT selling pressure zone that is located today at 0.768 and above.

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