EURUSD H1: The Price Action Forecast for the European Session on 5.3.2026

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 1.15874 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 1.16545 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 latest signal on the chart indicates the prevalence of the long positions. This signal is valid, until the other pattern is formed.