1.15 (.5 fib) should prove to be the floor, based on the hammer that formed on the weekly. The target for this bounce should aim for 1.2 which would form a head and shoulders pattern on the weekly, a very bearish pattern. If 1.175 doesn't get taken early next week, expect further weakness with a retest of 1.15 and from there a drop all the way to 1.2 (.618 fib)