Daily HFT Trade Setup – HFT Algos Are Selling AUDJPY After Early Session Reversal
The activity of high frequency Fx trading algorithms this morning shows a bearish reversal in the AUDJPY pair during the second part of the overnight Asian session.
HFT algorithms are now selling the pair after it reached a top inside of the light HFT selling pressure zone that is located at 85.07 and above.
AUDJPY has now hit a support zone at the prior lows around 84.75 and the sell-off may stop or take a pause here.
Further lower, the light HFT buying pressure zone is located today at 84.68 and below.
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