The currency pair made an impressive sell off yesterday

S&P 500 (Dec 12) INTRADAY Review We had the right idea with the strategy report yesterday in that we expected a tight range bound session and we had a long bias. Our main entry level at 1401.50 was not obtained and more aggressive entries at 1404 worked well with the US session high being just a few ticks short of our second profit target. The Jobless Claims showed a better than expected figure which suggests the temporarily negative effects from Hurricane Sandy have now worked their way

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The currency pair made an impressive sell off yesterday