Psychology/Strategy for major markets today

"Psycho" Psychology/Strategy for major markets today

*EUR/USD - SP killed speculative interest and shifted the market bias to the support/barrier level at 1.3250.

*USD/JPY - Tight range holds, leaving traders to look elsewhere for opportunities.

*EUR/GBP, GBP/USD - Buyers on the cross again rebuffed a look toward 0.8525 support, but are not chasing prices through 0.8600 as Eurozone issues remain unresolved.

*DJIA and SP - Not going anywhere in a hurry, but still room for bulls to trim some positions ahead of the European events later this week.

*T.BOND - Bulls not going down without a fight as supports remain well-defended; focus remains on later-week ECB meeting and EU Summit.

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