During the previous trading session, the positive dynamics of the EURUSD movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The current support level is in the area of the 1.17653 mark.
The current resistance level is at the 1.19284 mark.
This level was formed by the Three Inside Down pattern. This pattern consists of three Japanese candles: the first candle has a short black real body, the second candle also has a black real body and is completely inside the body of the first candle, and the third candle is also black and closes below the body of the second candle.
Trading recommendations:
The latest signal prioritizes short positions intraday.
EURUSD H1: The Price Action Forecast for the European Session on 11.2.2026
