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(H18) 55-DMA Supporting *RES 4:.......>

EURIBOR TECHS
EURIBOR TECHS: (H18) 55-DMA Supporting
*RES 4: 100.382 - Daily Bull channel top 
*RES 3: 100.360 - High Oct 6 
*RES 2: 100.330 - High Oct 19 
*RES 1: 100.325 - 2017 Repeated Daily Highs Sept, Oct & Nov
*PREVIOUS CLOSE: 100.320
*SUP 1: 100.315 - 55-DMA
*SUP 2: 100.310 - Low Oct 26
*SUP 3: 100.305 - Repeated Daily Lows Oct
*SUP 4: 100.300 - Alternating daily sup/res
*COMMENTARY: The contract remained capped at 100.325 2017 highs during past
week's resulting in dips back to the 55-DMA which supports. Bears look for a
close below the 55-DMA to shift pressure to 100.300-311 where the daily bull
channel base and 100-DMA are located. Below 100.305 is needed to confirm a break
of the 100-DMA, ending bullish hopes and shifting focus back to 100.275-285.
Bulls continue to look for a close 100.330 to target 100.360-382.

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