It seems to me that the majority of traders, both professional and retail, are bearish EUR/USD. Whether they are short or not is another question. Certainly in the greater scheme of things, 1.3800 is a reasonably high level for the EUR/USD but whether we see 1.36 or 1.40 next is really a coin toss in my view.
On the crosses, EUR/JPY looks more likely to go up rather than down, EUR/GBP and EUR/CHF are pretty close to important support levels but EUR/CAD and EUR/AUD now look bearish.
I am leaving EUR/USD alone for now but despite the overnight dip, I’m maintaining a very modest bullish bias.