(H18) Bulls Need Close Above..........>

EURIBOR TECHS: (H18) Bulls Need Close Above 100.330

*RES 4: 100.375 - Daily Bull channel top 

*RES 3: 100.360 - High Oct 6 

*RES 2: 100.330 - High Oct 19 

*RES 1: 100.325 - 2017 Repeated Daily Highs Sept, Oct & Nov

*PREVIOUS CLOSE: 100.320

*SUP 1: 100.320 - Alternating daily support/resistance

*SUP 2: 100.310 - Low Oct 26

*SUP 3: 100.305 - Repeated Daily Lows Oct

*SUP 4: 100.300 - Alternating daily sup/res, 100-DMA

*COMMENTARY: The dip below the 21 (100.318) & 55 (100.314) DMAs in previous

weeks lacked follow through with the contract recovering to repeatedly retest

2017 highs. Bulls need a close above 100.330 to target 100.360/375. Bears look

for a close below 100.310 to confirm breaks of 21 & 55-DMAs and ease bullish

pressure. Below the 100-DMA (100.300) is needed to end bullish hopes and shift

focus back to 100.275-285.