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

EURIBOR TECHS: (H18) Bears Need Close Below 100.310

*RES 4: 100.360 - High Oct 6 

*RES 3: 100.330 - High Oct 19 

*RES 2: 100.325 - 2017 High Sept 5-8 

*RES 1: 100.322 - Bollinger band top

*PREVIOUS CLOSE: 100.315

*SUP 1: 100.310 - Repeated daily lows

*SUP 2: 100.300 - Low Aug 11 - 16

*SUP 3: 100.293 - 55-DMA

*SUP 4: 100.282 - 100-DMA

*COMMENTARY: The dips below the 21-DMA and daily bull channel base are less than

ideal but follow through has so far been lacking. Bears now look for a close

below 100.300 to ease bullish pressure and below 100.275 to signal a correction

that initially targets the 200-DMA (100.254). Until a close below 100.300 is

seen bulls remain focused on 100.325-360 where 2017 highs and levels last seen

in Oct are located.