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(H18) Pressuring Key Resistance.......>

EURIBOR TECHS
EURIBOR TECHS: (H18) Pressuring Key Resistance
*RES 4: 100.371 - 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: 100.325
*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, Channel base
*COMMENTARY: The dip below the 21 (100.315) & 55 (100.313) DMAs last week lacked
follow through with the contract recovering to repeatedly retest 2017 highs.
Bulls need a close above 100.330 to target 100.360/371. Bears look for a close
below 100.310 to confirm breaks of 21 & 55-DMAs and ease bullish pressure. Below
the 100-DMA (100.299) is needed to end bullish hopes and shift focus back to
100.275-285.

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