2nd wave isn't over yet

I know it's been a long time since I last posted an elliott wave analysis of the eurusd currency pair, but I have been kind of busy with some new techniques... Nevertheless, I have posted some counts in my twitter account, which you are all welcome to follow (@triantafx)... Now, to start with a statement: I have turned into a long term eurusd bullish scenario, since things in the USA, besides the latest recovery, reveal a really bad financial image, with usd poised to decline even more in the years to come...
Regarding the current eurusd movement i have the following to say: price action since 13th of Jannuary looks impulsive in nature with the 1st wave already over and the second wave taking the form of a complex flat correction (possibly expanded), not yet over... we seem to have some more downside to go for... target to end this correction lies in the fibo area as pointed out in the picture...