Today's analysis of HFT algorithms in Forex shows the EURUSD pair already trading in a tight range as it seems the holiday mood has already set in the markets, two days ahead of Christmas.
The small day's range so far also means that EURUSD is stuck between the two nearest HFT zones.
- the light HFT buying pressure zone is located today at 1.1257 and below.
- the light HFT selling pressure zone is located today at 1.1299 and above.
Traders may look for potential short-term trade setups at either HFT zone, should the price reach it.
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