Currently, price is at critical support. If we can clear this level the next major is quite a bit away. We have a minor level at 1.72-- to 1.73-- and the next major level (as I define them) is at 1.445-- area.
This seems to be a good short if price action confirms that there is enough momentum to break this current level.
I will be waiting for a valid signal (in this case a candle pattern) to enter this trade.