Well, perhaps not quite. EUR/JPY shouldn’t see a new high. The downside is now the next move we should see. Having said that, with EUR/USD basically bearish and USD/JPY bullish, we could see some messy sideways moves over time. For today, the cross should see losses.
USD/JPY is now rather neutral. Yesterday saw the Wave -a-/-v- for a pullback. That gives us a puzzle as to whether the pullback will deepen before rising towards the Wave -c-/-v-. On the other side, EUR/USD really doesn't have too much room on the upside and over the day we should see losses.
GBP/USD is in the same position. It could see minor new highs but overall the decline still needs some modestly firm losses and there's still room to go. At some point, not too far lower, we'll see a low that will then trigger a deeper correction - but now today for sure. Indeed, USD/CHF has little room on the downside but much stronger gains should be seen. At a later stage, USD/CHF will form a Wave (a)/(iii) and thus will require a pullback in Wave (b).
This just leaves the bottom of the world - the Aussie that still needs losses...