Given the fact that there's no bounce at all in late Friday trading, chances are Euro weakness may carry onto next wee.
Next target is 1.086 where Fibo expansion 1:1 to 1.1712-1.1086 drop.
Price need to bounce off this low impulsively to activate the alternative view, otherwise just stay bullish against lower top. I will not catch a falling knife at this moment until evidence shows a bottom is in place.
Will look closely at price action to go short again early next week.