EUR/USD Tests 1.1680 Ahead of US Flash PMIs After Soft Eurozone Outlook

EUR/USD trades ~0.2% lower near 1.1680 just ahead of US S&P Global flash PMIs at 13:45 GMT, with Manufacturing expected at 52.5 (prev. 52.3) and Services at 50.0 (prev. 49.8). Earlier, anticipation of weaker German Composite PMI at 51.1 (prev. 51.9) and Eurozone at 50.2 (prev. 50.7) pressured the pair down from 1.1700–1.1710 levels. Technically, it hugs 38.2% Fibonacci support at 1.1666 below 20-period EMA resistance at 1.1689; strong US data risks a drop to 1.1567, while weakness could lift toward 1.1745.