EUR/USD may be be a littler bit bid at the moment but it is hard to see a major rally ahead if the banking sector remains pressured. European bank shares were thrashed on Thursday even before the poor employment report on Friday. US banks are getting croaked today, so I suspect we will see a spillover into Europe tomorrow, and then some.
This argues for picking a spot and selling rallies in EUR/USD and EUR/JPY from a fundamental basis. When US bank stocks catch a cold, European bank stocks catch pneumonia. And the euro generally suffers.