EUR/USD breaks 1.1431 support after a Eurozone PMIs showed marked slow down in the economy. PMI composite hit 25-month low at 52.7 and suggested that GDP growth is waning to 0.3 in Q4. Additionally, decline in German yield is also weighing on Euro. 10 year bund yield is down -0.006 at 0.405. 0.4% is a key psychological level to defend.
Regarding EUR/USD, fall from 1.1814 has finally resumed and should now be target 1.1300 low next.
