EURUSD H1: The Price Action Forecast for the American Session on 20.2.2026

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 1.17417 mark.
This level was formed by the Bullish Harami pattern. The pattern is represented with two Japanese candles, where the second one with a smaller real body is inside the body of the first one.
The resistance level is near the 1.17778 mark.
This level was formed by a Pin Bar pattern. This pattern is presented with a single Japanese candle with a small real body and a long upper shadow. This is one of the key patterns in the Price Action system.
Trading recommendations:
The latest pattern formed on the chart prioritizes short positions. This signal is also proved with the price movement dynamics on the higher time-frame.