The EUR/USD currency pair finished the trading week with a slight gain within a bullish channel. At the time of publication, the Euro to US Dollar exchange rate stands at 1.1821. Moving averages indicate the presence of a bullish trend. The price broke above the area between the signal lines, signaling buying pressure on the European currency and a likely continuation of growth from current levels. As part of the weekly forecast, a bearish correction is expected with a test of the support area near 1.1655. From there, a rebound upward is anticipated, followed by continued growth of EUR/USD during the current trading week. The potential upside target is above 1.2355.
EUR/USD Weekly Forecast March 2 – 6, 2026
An additional signal in favor of further growth will be a test of the support line on the RSI indicator. The second signal will be a rebound from the lower boundary of the bullish channel. The bullish scenario will be canceled by a decline and a breakout below 1.1475. This would indicate a breakout of support and continued decline toward levels below 1.1145. A breakout of resistance and a close above 1.1895 would confirm further growth, signaling a breakout of key resistance.
EUR/USD Weekly Forecast March 2 – 6, 2026 suggests a bearish correction toward 1.1655, followed by continued growth above 1.2355. A breakout below 1.1475 would cancel the bullish scenario and indicate a decline toward 1.1145.
