Noticed the level 1.38 as a key level in the market. If price reaches this level and does not break could be an indication for a push to the upside and Buy zone would be extra confirmation to buy and take profits at resistance /1.42 level. If price continues to go down I would wait for the 1.38 zone to be broken and look for a retest to place a trade. Waiting for the previous higher low to be broken before deciding on sell bias on the trade.