Currency pair USD/JPY reached yesterday the light HFT selling pressure zone that was noted at 111.91 and above. USD/JPY reacted there incredibly accurately, 30 pips downside move followed immediately (more than 60 pips in total right now) and provided very profitable trade opportunities.
Today on USD/JPY:
The market already reached the light HFT buying pressure zone noted at 111.54 and below. Medium HFT buying pressure noted at 111.06 and below. Strong HFT buying pressure can be seen today at 110.59 and below.
Light HFT selling pressure noted at 112.02 and above. Medium HFT selling pressure noted at 112.49 and above. Strong HFT selling pressure can be seen today at 112.96 and above.