The ECB is due to release it's monetary policy decision today, and the market is expecting a rate cut or a dovish statement from ECB. Which is why we see a sharp bearish trend in the EUR/USD. Today is a momentous day and EUR/USD trading heavily depends upon the rate decision.
The rate cut by ECB can trigger sell-off until 1.0925 while no rate and neutral policy can drive sharp buying in the EUR/USD until 1.1064 and 1.1155.