EURUSD did a straight bullish move starting from 17/03 (I notice it as the beginning of Fibo lines isn't caught at this screenshot). Subsequent decline (started 22/03) looks like typical correction move: please, pay attention that 1.422 peak is higher than previous 2 wave highest price value:
Currently price could be finishing its second 3 wave, that can mean the beginning of another bullish move…