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(H18) Bollinger Top Capping *RES 4:...>

EURIBOR TECHS
EURIBOR TECHS: (H18) Bollinger Top Capping
*RES 4: 100.360 - High Oct 6 
*RES 3: 100.330 - High Oct 19 
*RES 2: 100.318 - Bollinger band top 
*RES 1: 100.315 - 2017 High Aug 22
*PREVIOUS CLOSE: 100.310
*SUP 1: 100.300 - Low Aug 11 - 16, 21-DMA
*SUP 2: 100.286 - 55-DMA
*SUP 3: 100.285 - Repeated daily lows Aug
*SUP 4: 100.275 - Alternating daily support/resistance
*COMMENTARY: Pressure remains on recent 2017 highs with the Bollinger band top
capping and modestly O/B daily studies correcting also a concern and weighing a
little. In saying that, bears still need a close below the 21-DMA to ease
bullish pressure and below the 55-DMA to signal a correction that initially
targets the 100-DMA (100.272). While the 21-DMA supports bull target
100.330-370.

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