Forex technical analysis: USDJPY jumps after better US data. - ConsultFX

Forex technical analysis: USDJPY jumps after better US data.

Moves away from 100 day MA. Extends narrow trading range. The USDJPY has jumped higher after the better than expected US data. Construction spending shows strength and should give 4Q GDP a boost and the ISM Manufacturing rose more than expectations at 59.7 vs 58.2 estimate. Copyright 2015 Forexlive.com