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

EURIBOR TECHS
EURIBOR TECHS: (H18) Supported Below 21 & 55-DMAs
*RES 4: 100.370 - Daily Bull channel top 
*RES 3: 100.360 - High Oct 6 
*RES 2: 100.330 - High Oct 19 
*RES 1: 100.325 - 2017 High Sept 5-8 & Oct 27 & 30
*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 (100.313) & 55 (100.312) DMAs last week lacked
follow through with the contract recovering to repeatedly retest 2017 highs.
Bulls need a close above 100.330 to target 100.360/370. Bears look for a close
below 100.310 to confirm breaks of 21 & 55-DMAs and ease bullish pressure. Below
the bull channel base (100.299) is needed to end bullish hopes and shift focus
back to 100.275-285.

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