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USDJPY falls but rebounds after softer ISM

Discussion in 'Technical Analysis' started by ForexLive, Aug 1, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    ISM's Holcomb calls it "nice, well balanced report" The ISM was a bit softer with employment falling below 50 and New Orders down a bit (from 57 to 56.9), but employment in manufacturing is not what it used to be and New orders remains comfortably above the 50 line which splits expansion from contraction. It is nice.

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