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

EURIBOR TECHS: (H18) Bears Need Close Below 100.300

*RES 4: 100.325 - 2017 High Sept 5-8 

*RES 3: 100.320 - Repeated Daily highs 

*RES 2: 100.315 - High Sept 25 & 26 

*RES 1: 100.309 - 21-DMA

*PREVIOUS CLOSE: 100.305

*SUP 1: 100.305 - 55-DMA

*SUP 2: 100.300 - Alternating daily support/resistance

*SUP 3: 100.290 - 100-DMA

*SUP 4: 100.285 - Repeated daily lows

*COMMENTARY: Pressure on the 55-DMA took its toll with a dip below Thursday only

to bounce from 100.300. Bears look for a close below 100.300 to initially

pressure 100.285-290 where the 100-DMA is located. The contract is now capped

ahead of the 21-DMA with bulls needing a close above 100.315 to return focus to

100.325-300. Overall bears need a close below 100.285 to confirm a break of the

100-DMA and below 100.275 to target the 200-DMA (100.259).