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(H18) 100.285 Support Key *RES 4:.....>

EURIBOR TECHS
EURIBOR TECHS: (H18) 100.285 Support Key
*RES 4: 100.360 - High Oct 6 
*RES 3: 100.330 - High Oct 19 
*RES 2: 100.305 - 2017 High June 14 & 22 
*RES 1: 100.300 - High July 25
*PREVIOUS CLOSE: 100.295
*SUP 1: 100.285 - Low July 25 & 26
*SUP 2: 100.275 - High July 14 & 17 now support
*SUP 3: 100.274 - 55-DMA
*SUP 4: 100.265 - Daily Bull channel base
*COMMENTARY: The bearish key day reversal failed to produce a break lower with
support at 100.285. Bears look for a close below this level to ease bullish
pressure and signal a correction back to 100.265-275 where 21 & 55-DMAs and the
daily bull channel base are situated. While 100.285 supports bulls retain the
upper hand and focus on a break of 100.305 needed to target the 100.330-360
region. The Bollinger top and O/B studies remain the key concerns for bulls.

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