2016Sep10 I expect the price to drop to around the $1.1200 support level and then hammer it until it breaks. The retracement will likely occur at around $1.1169.
The price has already retraced to the 38.20% fib level after last week's 75 pip drop.
I would wait for a possible gap up and then enter the short trade, with a stop at 1.1245, once the window has just about closed (or shortly thereafter).