EURUSD falling towards daily support

EURUSD shorts have entered the market after the two weak PMI readings from Germany and France. French composite PMI's at 51.3 showed the weakest expansion in four months. German headline manufacturing showed further downside with a historic low of 41.4.

This poor PMI data looks like it has legs for more EUR weakness as EURUSD heads down towards major daily support levels as target for EURUSD sellers.

EURUSD falling towards daily support