EUR/USD has recovered, but certainly didn’t go too far and is struggling to advance. Some see the recent slide as a correction within a change of course and see more upside.

However, the team at BNP Paribas notes 3 reasons why the upside for the pair is limited. They set lower targets:

Read the rest of the article 3 Reasons Why EUR/USD Upside Limited; We Stay Short – BNPP