Add to Bookmarks Euro Tries To Gain More Ground Against U.S. Dollar EUR/USD remains glued to the nearest resistance level at 1.2130 while the U.S. dollar is losing ground against a broad basket of currencies. Advertisement Start Trading 75% of retail CFD investors lose money The U.S. Dollar Index is currently testing the nearest support level at 90.30. A move below this level will push the U.S. Dollar Index towards the support at the 90 level which will be bullish for EUR/USD. Yesterday, EU reported that Euro Area Industrial Production decreased by 1.6% month-over-month in December compared to analyst consensus which called for a decline of 1%. On a year-over-year basis, Industrial Production declined by 0.8%.