During the previous trading session, the price of EURUSD decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The support level is near the 1.17758 mark.
The resistance level is near the 1.18215 mark.
The pattern formed here is Three Outside Bars Down. This pattern is a combination of three Japanese candlesticks. The first candlestick has a short white real body, the second candlestick has a long black real body and completely engulfs the first candlestick, and the third candlestick is also black, closing below the second candlestick.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.
EURUSD H1: The Price Action Forecast for the Asian Session at 6.2.2026






