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

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.