(H18) Supported Below 21 & 55-DMAs....>

EURIBOR TECHS: (H18) Supported Below 21 & 55-DMAs

*RES 4: 100.360 - High Oct 6 

*RES 3: 100.330 - High Oct 19 

*RES 2: 100.325 - 2017 High Sept 5-8 

*RES 1: 100.320 - Repeated Daily highs

*PREVIOUS CLOSE: 100.320

*SUP 1: 100.315 - Hourly support Oct 26

*SUP 2: 100.310 - Low Oct 26

*SUP 3: 100.305 - Repeated Daily Lows Oct

*SUP 4: 100.300 - Alternating daily support/resistance

*COMMENTARY: The dip below the 21 (100.312) & 55 (100.311) DMAs lacked follow

through with the contract recovering for a relatively bullish close that sees

focus back on the 100.320-330 region. Bulls need a close above 100.330 to target

100.360. Bears now look for a close below 100.310 to confirm breaks of 21 &

55-DMAs and ease bullish pressure. Below the bull channel base (100.298) is

needed to end bullish hopes and shift focus back to 100.275-285.