HFT algorithms in the Fx market today show that the consolidation in USDJPY that started yesterday following the sharp bullish spike continues.
The pair is now trading between the two light HFT zones, with the area between them much wider than normal due to the enormous USDJPY volatility in recent days.
The light HFT selling pressure zone that is located today at 125.32 and above, while the light HFT buying pressure zone is at 122.22 and below.
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