- The EUR/USD} is trying to form a wedge bull flag and get a second leg up.
- The bulls formed a strong buy signal bar (7/6), and next, they want strong follow-through buying today.
- Traders will pay close attention to today’s entry bar. The bulls want a strong entry bar today following yesterday’s buy signal bar, and the bears want to damage today’s bull bar as much as possible. At a minimum, the bears want to prevent today from closing on its high.
EUR/USD Bulls Want Another Leg Up
