Daily HFT Trade Setup – AUDUSD Climbing After Reversal at HFT Sell Zone
We are analysing the activity of high frequency trading algorithms today and note that the AUDUSD pair is rising following a reversal in the light HFT buying pressure zone today that is located at 0.693 and below.
The pair was dropping in the early part of the session but then quickly bounced at the HFT zone.
It appears now it can reach the prior swing low, which is yesterday's high. Slighly higher still, the light HFT selling pressure zone is located today at 0.6986 and above.
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