(H18) Pressure On 55-DMA *RES 4:......>

EURIBOR TECHS: (H18) Pressure On 55-DMA

*RES 4: 100.382 - 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: 100.315

*SUP 1: 100.315 - 55-DMA

*SUP 2: 100.310 - Low Oct 26

*SUP 3: 100.305 - Repeated Daily Lows Oct

*SUP 4: 100.300 - Alternating daily sup/res

*COMMENTARY: The contract remained capped at 100.325 2017 highs during past

week's resulting in dips back to the 55-DMA which currently supports. Bears look

for a close below the 55-DMA to shift pressure to 100.300-311 where the daily

bull channel base and 100-DMA are located. Below 100.305 is needed to confirm a

break of the 100-DMA, ending bullish hopes and shifting focus back to

100.275-285. Bulls continue to look for a close 100.330 to target 100.360-382.