Does 'MD-3' replace Mercon?

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Oak Harbor, WA
My wife just bought a case of ATF for me @ Costco. All they had was the Chevron labeled MD-3. I'm supposed to fill my Ford w/ mercon. Is this suitable? It says on the back for most Chevy, Fords pre 2006. Just never heard of it.
Thanks.
 
Very good fluid for Mercon/Dex III applications with pretty good specs too. Works better than most everytime I've used it, my T45 loves it.
 
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