FX.co ★ EUR/USD

Hello traders! On the daily chart of the currency pair EUR/USD, the recent movement was upwards in an attempt by the bulls to interrupt another wave of decline from the current pair's maximum marked by the ZigZag indicator near the level of 1.1840. I believe that on Monday buyers will be able to open the second consecutive daily candle with the support of the advisor installed on my chart, and the daily stochastic turning north. Moreover, in case of a breakout above the 14-period moving average, I think the euro's rise could accelerate with EUR/USD returning to test the current pair's maximum at 1.1840 for a possible rewrite to the upside.