EUR/USD Outlook: Euro Breaks Four-Day Range Floor After Downbeat PMI Data

<p>The Euro extended weakness through 1.08 handle and hit two-week low (1.0784) on Thursday. Near-term structure weakened after Wednesday’s eventual close below important Fibo support at 1.0831 (61.8% of 1.0635/1.1147 upleg) which generated initial signal of breaking out of sour-day range (1.0811/1.0896). Downbeat PMI data from France, Germany and EU, which showed the depth of [&#8230;]</p>
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