Daily HFT Trade Setup – EURUSD Falls at HFT Selling Pressure Zone

 
 
 
 
 
 
 

Today's analysis of high frequency Fx trading algorithms shows that the EURUSD pair could be setting up a bearish trading opportunity for the current session.

For instance, earlier today EURUSD came near the light HFT selling pressure zone that is located at 1.2242 and above. The price reversed sharply there and EURUSD has stayed down since. The avanced Master MACD indicator has switched its signal to bearish, as a confirmation of a change of the dyamics from bullish to bearish here on the 1H EURUSD timefrmae.

To the downside, the light HFT buying pressure zone is noted today at 1.2194 and below.

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