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

EURIBOR TECHS
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: 100.325 - 2017 High Sept 5 
*RES 1: 100.321 - Bollinger band top
*PREVIOUS CLOSE: 100.320
*SUP 1: 100.310 - 21-DMA
*SUP 2: 100.300 - Low Aug 11 - 16
*SUP 3: 100.290 - 55-DMA
*SUP 4: 100.285 - Repeated daily lows July & Aug
*COMMENTARY: The contract remains supported ahead of the 21-DMA as it has for
most of August with fresh 2017 highs seen Tuesday. Bulls remain focused on the
100.330-413 resistance region where the bull channel top is located. The
Bollinger top remains the key concern for bulls and limits follow through. Bears
continue to look for a close below 100.300 to ease bullish pressure and below
100.285 to signal a correction that initially targets the 100-DMA (100.278).

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