Day's news (GMT+3):
Fig 1. EURUSD hourly chart. Source: TradingView
I did not make a forecast for yesterday, and I would never have predicted an intraday 2.4% drop. Following the ECB meeting, the euro fell to 1.1738 against the dollar. During Draghi's press conference, pressure on the euro increased.
At the American session, the price moved to the reversal zone (between lines D3-D4). The fall from the level of 1.1852 was 247 degrees. As the price did not immediately leave the reversal zone, I'm expecting a fall on Friday to the level of 1.1547 against the backdrop of the general strengthening of the American currency. I'm awaiting the formation of three bases with a double bearish divergence. If my expectations are justified, then afterwards we can expect a correction to the level of 1.1640.