EURUSD: correction to a bearish impulse wave

EURUSD has just tested the dynamic support at 1.0590 led through minimum levels of 8-10 Feb. Descending move from the recent peak of 1.0830 may be displayed as 5-wave impulse wave. If this assumption is correct, we would see further euro decline in mid-term.
Test and break above red line in the 1.0630 area would indicate making up of correction move to the bearish wave with the first target at 38.2% Fibo level 1.0680. 1.0710-1.0740 area is a potential zone for resuming short trades on EURUSD.

Trade ativo:

EURUSD has reached the upper range of descending triangle. Expecting next leg up to 1.0680, 38.2% Fibo level and today's pivot level.