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

EURIBOR TECHS
EURIBOR TECHS: (H18) Bears Need Close Below Channel Base
*RES 4: 100.360 - High Oct 6 
*RES 3: 100.330 - High Oct 19 
*RES 2: 100.320 - Bollinger band top 
*RES 1: 100.315 - 2017 High Aug 22
*PREVIOUS CLOSE: 100.315
*SUP 1: 100.303 - 21-DMA
*SUP 2: 100.300 - Low Aug 11 - 16
*SUP 3: 100.297 - Daily Bull channel base
*SUP 4: 100.287 - 55-DMA
*COMMENTARY: Pressure remains on recent 2017 highs with the Bollinger band top
capping and modestly O/B daily studies correcting also a concern and weighing a
little. In saying that, bears now need a close below the daily bull channel base
to ease bullish pressure and below the 55-DMA to signal a correction that
initially targets the 100-DMA (100.274). While the channel base supports bull
target 100.330-370.

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