Currency pair USD/JPY was moving on Friday between the light HFT selling pressure and the light HFT buying pressure zones, but didn't reach any of them. USD/JPY was only retracing very close to the light HFT buying pressure zone that was noted at 108.85 and below.
Today on USD/JPY: The market opened with a huge 145 pips upside gap. USD/JPY opened this week within the strong HFT selling pressure zone that is noted today at 110.44 and above. Then downside move followed and USD/JPY currently continues to trade within the medium HFT selling pressure zone that is noted today at 109.90 and above.
Light HFT buying pressure noted at 108.82 and below. Medium HFT buying pressure noted at 108.27 and below. Strong HFT buying pressure can be seen today at 107.73 and below.