It's quiet difficult to say at the moment what are we correcting in EUR/USD. Is it the whole move started in late November '09, or rather just its crashing part of April-May. That's why, I include 2 wave counts:
Looking at other European currencies, doesn't give much more clarification. In any case the pound seems to be close to the end of its correction, whatever it eventually is.
And as for the swiss frank, it's clear that we're correcting the entire move, but that doesn't mean, the next move up will hit the new highs. The dollar may easily put new cyclical highs versus pound and euro without doing so versus frank, if, of course, we follow the green count on the EUR/USD.
