(H18) Below 55-DMA To Pressure........>

EURIBOR TECHS: (H18) Below 55-DMA To Pressure 100-DMA

*RES 4: 100.323 - Bollinger band top 

*RES 3: 100.320 - Repeated Daily highs 

*RES 2: 100.313 - 21-DMA 

*RES 1: 100.310 - Repeated daily lows now resistance

*PREVIOUS CLOSE: 100.310

*SUP 1: 100.305 - Repeated daily lows Aug

*SUP 2: 100.300 - Alternating daily support/resistance

*SUP 3: 100.296 - 55-DMA

*SUP 4: 100.284 - 100-DMA

*COMMENTARY: Topside hesitation ahead of recent 2017 highs took its toll with a

close below 100.310 that confirmed an easing of bullish pressure and sees focus

on the 55-DMA. Bears look for a close below the 55-DMA to initially pressure the

100-DMA and below 100.275 to shift focus to the 200-DMA (100.255). Bulls now

need a close above the 21-DMA to return initial focus to 100.320-325. The

Bollinger base (100.304) is the key concern for bears.