EURUSD H1: The Price Action Forecast for the American Session on 24.3.2026

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 support level is near the 1.15754 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The resistance level is near the 1.16396 mark.
The Bearish Engulfing pattern formed this level. It consists of two Japanese candles: the first candle is located inside the body of the second candle.
Trading recommendations:
The price movement dynamics for a longer period of time as well as the latest signals on the chart indicate the long positions opening intraday. The entry points can be considered from the nearest support levels.