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

EURIBOR TECHS: (H18) Bears Need Close Below 100.300

*RES 4: 100.360 - High Oct 6 

*RES 3: 100.330 - High Oct 19 

*RES 2: 100.322 - Bollinger band top 

*RES 1: 100.320 - 2017 High Sept 1 & 4

*PREVIOUS CLOSE: 100.320

*SUP 1: 100.309 - 21-DMA

*SUP 2: 100.300 - Low Aug 11 - 16

*SUP 3: 100.289 - 55-DMA

*SUP 4: 100.285 - Repeated daily lows July & Aug

*COMMENTARY: Pressure on 100.315 took its toll with fresh 2017 and 11mth highs

that add support to the case for a test of the 100.330-370 resistance region.

The Bollinger top is the key concern and currently limits follow through. Layers

of support remain with bears needing a close below 100.300 to ease bullish

pressure and below 100.285 to signal a correction that initially targets the

100-DMA (100.277). While 100.300 supports bull continue to target 100.330-370.