Assumingly, a downward zigzag within a large Bearish correction continues forming. Locally, the fifth wave (c) seems to be developing and if the assumption is correct, the pair continues falling towards the level of 1.3800. Critical for this scenario is the level of 1.4109, a breakout of which would allow the pair to grow to 1.4400.
Trading tips
Sell the pair below the level of 1.4109 with the target at 1.3800.
Alternative scenario
The breakout and consolidation above the level of 1.4109 would allow the pair to grow to 1.4400.