The currency pair was trading in a similar pattern

S&P 500 (Dec 12) INTRADAY Review Our strategy on Friday was invalidated by the better than expected Non-Farm Payrolls number that came in at 146k Vs 85k expected. However, the numbers for October were revised down by 49k. The S&P had a typically mixed response to this news with first a 14 point spike that topped out at 1422.25 before a 100% retracement of this bullish move over the subsequent 2.5 hours. The index recovered into the close to finish at 1416 which was the highest close

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The currency pair was trading in a similar pattern

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