Forex: EUR/USD breached 1.3100 after German PMI

FXstreet.com (Barcelona) - The shared currency has printed below the key level at 1.3100 on Friday after the flash German manufacturing PMI has disappointed investors posting 46.3 for the month of December vs. 47.2 estimated and 46.8 prior. On the other hand, Services PMI rose to 52.1, beating expectations at 50.0 and previous print at 49.7

EURUSD is now up 0.09% at 1.3088 with the next hurdle at 1.3127 (high Dec.5) ahead of 1.3129 (high Oct.18) and then 1.3140 (high Oct.17).
On the flip side, a breach of 1.3042 (low Dec.13) would expose 1.3032 (MA10d) and 1.2996 (low Dec.12).