The analysis of HFT Forex algorithms shows that the AUDNZD pair is in a sideways consolidation pattern, contained between the two light HFT zones today.
AUDNZD has not yet touched either of the HFT zones, but Fx traders will be on the lookout for this and potential trade setups inside the zones.
The HFT zones for today are noted as follows:
- the light HFT buying pressure at 1.0848 and below.
- the light HFT selling pressure zone at 1.0939 and above.
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