100.300-305 Resistance Remains Key....>

EURIBOR TECHS: 100.300-305 Resistance Remains Key

*RES 4: 100.310 - 2018 High Repeatedly May 

*RES 3: 100.305 - Repeated daily lows Apr/May now resistance 

*RES 2: 100.300 - Highs June 14 & 15 

*RES 1: 100.295 - Falling TL off May 9 high

*PREVIOUS CLOSE: 100.290

*SUP 1: 100.287 - 21-DMA

*SUP 2: 100.275 - Lows June 21-22 & 25

*SUP 3: 100.265 - High June 11 now support

*SUP 4: 100.245 - Lows June 7 & 8

*COMMENTARY: The 100.300-305 resistance remains key. Bulls need a close above

this region to confirm a bullish bias and initially target 100.320. Daily

studies approaching O/B is less than ideal for bulls. Bears still need a close

below the 21-DMA to ease bullish pressure and below 100.265 to confirm a break

of the 200-DMA (100.269) & shift immediate focus back to 100.245 and overall

focus back to 2018 lows.