Currency pair USD/JPY reached yesterday the light HFT selling pressure zone that was noted at 110.29 and above. USD/JPY reacted there incredibly accurately, more than 150 pips strong bearish move followed and provided extremely profitable trade opportunities. The bearish move was also supported by yesterday's US fundamental data.
Then USD/JPY reached all HFT buying pressure zones - light HFT buying pressure zone that was noted at 109.79 and below, medium HFT buying pressure zone that was noted at 109.29 and below as well as the strong HFT buying pressure that was seen at 108.79 and below. USD/JPY reacted there incredibly accurately again, more than 100 pips bullish move followed and provided very profitable trade opportunities.
Today on USD/JPY:
Light HFT selling pressure noted at 110.33 and above. Medium HFT selling pressure noted at 111.86 and above. Strong HFT selling pressure can be seen today at 113.40 and above.
Light HFT buying pressure noted at 108.79 and below. Medium HFT buying pressure noted at 107.25 and below. Strong HFT buying pressure can be seen today at 105.71 and below.