Comments from an analyst at a well known US investment bank.

Person in question favours 1.3750/1.4000 range playing out for awhile. Favours buying dips with a stop under 1.3740, looking for opportunity to sell again towards 1.3950/1.4000.

Looks like a few others of the same mind. EUR/USD having been as low as 1.3774 back up at 1.3810.