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

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: 100.290

*SUP 1: 100.285 - Low July 25 - 28

*SUP 2: 100.275 - High July 14 & 17 now support

*SUP 3: 100.274 - 55-DMA

*SUP 4: 100.268 - 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 100.268-275 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.