The euro experienced a quiet session awaiting the US NFP data.EURUSD consolidated within the ascending channel and fluctuated around the EMAs, indicating its sideways trend.
If EURUSD breaks below the channel’s lower bound and the support at 1.0450, a further drop toward 1.0400 might occur.
Conversely, if EURUSD sustains gains above 1.0450, the price could rise toward the resistance at 1.0600