EUR/JPY H4 & Daily Update

Last wave up (v) was in five waves so this might be the top for it.
Massive Divergence on H4 and Daily MACD charts.

You can not see it on H4 chart but there is ending diagonal wave 5 of wave (iii) on H1 so it looks strange from that perspective.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurjpy-h4-daily-update.html