(H18) Bears Need Close Below..........>

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.