SCENARIO #1: The price finds itself at a very interesting level around 1.3854, which is a 61.8 Fibonacci retracement ot the downswing. The first short opportunity might be emerging just now, so I would be interested in any retracement up showing some kind of weakness to enter short. Target for this setup might be at 1.3750 and 1.3670, in my opinion.
SCENARIO #2: A high potential short setup might emerge also near the major resistance 1.3965 (or below 1.4000). So, look for any kind of weakness like a false break or a strong refusion of that high. First target for this potential short setup might be 1.3854, but the price might fall a way down further.