I think the price will go more down for now.
My idea is to sell this pair to the level where the arrow ends.
If the price will stay below 1.35 area then the more likely price will try to reach 1.34 area, but before that, we have support at 1.345 area.
So basically if the price breaks 1.345 there is possibly one more sell.
From 1.34 area we need to keep an eye on price action and start looking for some buys.