The low reaches 1.3441The 1.34439 was lowest of the corrective highs after Brexit. The swing high was reached in September 2016.
On September 15th, the price moved above those levels and until the look below today, that level has held support. The low on Friday reached 1.34479. The low on Wednesday reached 1.34547.
Is it another test, with a move higher? Or will the test lead to a little correction, followed by a move back down. On a correction, stay below the 1.3477-79 area. That is the risk for shorts looking for more downside.