Has EUR/USD already topped out round 1.17 or the pair is just in a consolidation phase before making another attempt to break higher. Analysts at Morgan Stanley, SocGen, and Barclays Capital provided their related views. Morgan Sytanley: EUR/USD has not topped yet. The EUR upward correction is not yet complete, in our view, and after a couple of days we expect EURUSD to start another attempt to the upside...With risk doing well, EURUSD is likely to retest yesterday’s lows, but we stick to our view that the corrective high in EURUSD has not yet been traded. The 1.1760 level remains our minimum target, and there is ... (full story)