EUR/USD settled near the 1.1200 level as Euro Area Industrial Production exceeded analyst expectations.
EUR/USD is mostly flat as traders focus on the Euro Area Industrial Production report. The report showed that Industrial Production increased by +2.6% month-over-month in March, compared to analyst forecast of +1.8%.
If EUR/USD declines below the 1.1150 level, it will get to the test of the nearest support level at 1.1110 – 1.1130.
