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(H18) 100.330 Resistance Still........>

EURIBOR TECHS
EURIBOR TECHS: (H18) 100.330 Resistance Still Capping
*RES 4: 100.375 Daily bull channel top
*RES 3: 100.360 Oct 6 high, 76.4% Fibo of 100.420-100.140
*RES 2: 100.330 Oct 19 high
*RES 1: 100.325 Repeated daily highs Sep, Oct & Nov 2017
*PREVIOUS CLOSE: 100.320
*SUP 1: 100.310 Oct 26 low
*SUP 2: 100.300 Alternating daily support/resistance
*SUP 3: 100.280 Jul 24 low
*SUP 4: 100.250 Lows from late June early July
*COMMENTARY* Has spent the last two months trying to break free of
100.325-100.330 resistance. This basically in line with a 61.8% Fibo retrace of
the 100.420-100.140 fall seen in the second half of 2016. That said, support has
also been pretty steady throughout that time, above 100.300. will need a break
of this 100.330-100.300 range before a new direction can be plotted.

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