(H18) 100.300 Support Remains Key.....>

EURIBOR TECHS: (H18) 100.300 Support Remains Key

*RES 4: 100.330 - High Oct 19 

*RES 3: 100.325 - 2017 High Sept 5-8 

*RES 2: 100.320 - Repeated Daily highs 

*RES 1: 100.315 - High Sept 25 & 26

*PREVIOUS CLOSE: 100.310

*SUP 1: 100.303 - 55-DMA

*SUP 2: 100.300 - Alternating daily support/resistance

*SUP 3: 100.289 - 100-DMA

*SUP 4: 100.285 - Repeated daily lows

*COMMENTARY: Pressure on the 55-DMA took its toll with a dip below Thursday only

to bounce from 100.300. Bears look for a close below 100.300 to initially

pressure 100.275-289 where the 100-DMA is located. Modestly O/S studies

correcting add support to the bullish case for a return in pressure to

100.325-330 with bulls needing a close above 100.315 to confirm. Bollinger bands

(100.303-323) remain flat as broad sideways trading continues.