Daily HFT Trade Setup – EURUSD Climbing Toward HFT Sell Zone
High frequency trading algorithms' activity in today's Fx session indicates that the EURUSD pair is gradually moving up and closer to the light HFT selling pressure zone, which is located at 1.1759 and above for the current session.
The previous highs around the 1.1765 level are also inside of the HFT sell zone and would act as technical resistance here and could attract more sellers.
To the downside, the first support is around the daily lows at 1.1735 and then around yesterday's daily highs at 1.1725. The light HFT buying pressure zone is located today at 1.1711 and below.
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