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AUSTRALIA

NSW COVID Cases

KRW

Won Stronger, PPI Rises Again

AUSTRALIA

Speculation Re: Sydney COVID Cases

EURIBOR TECHS
EURIBOR TECHS: (H18) Bears Need Close Below 100.275
*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, High Aug 3 & 9
*PREVIOUS CLOSE: 100.290
*SUP 1: 100.285 - Repeated daily lows July & Aug
*SUP 2: 100.280 - 55-DMA
*SUP 3: 100.279 - Daily Bull channel base
*SUP 4: 100.275 - Alternating daily support/resistance
*COMMENTARY: Despite O/B daily studies correcting, bears failed to manage a
break of 100.285. Bears need a close below 100.285 to ease bullish pressure and
below 100.275 to shift focus back to 100.244-259. 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 (100.307) remains the key concerns for
bulls as studies correct back to neutral levels.