EURUSD H1: The Price Action Forecast for the Asian Session at 26.2.2026

EURUSD remained stable and did not change significantly in the last trading session. In the long term, the price movement direction remains downward.
The support and resistance levels:
The closest support to the price is at the 1.17708 mark.
This level was formed by the Bullish Engulfing pattern. The pattern consists of two candles: the first one is inside the body of the second one, which is much larger. The second candle completely engulfs the first one.
The nearest resistance level is at the level of the 1.18345.
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:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.