EUR/USD Stuck in Horizontal Channel, but US NFP Data Could Catalyze a Breakout - DailyFX

The EUR/USD has remained range-bound over the past few weeks, trading between 1.0100 and 1.0280, but the U.S. labor market data could fuel volatility and trigger a breakout.

EUR/USD OUTLOOK:

• The EUR/USD has been in consolidation mode for the past few weeks, trading between support at ~1.0100 and resistance near ~1.0280
• The euro’s fundamentals remain weak… [+3927 chars]
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