Our analysis of Fx HFT algorithms this morning indicates that the AUDUSD currency pair may offer attractive tradable opportunities from the long side in today's session.
For instance, AUDUSD has now reached and bounced at the light HFT buying pressure zone, which is located at 0.6885 and below. Fx traders may use this setup as a signal to go long.
To the upside, the light HFT selling pressure zone is located today at 0.6969 and above.