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(M18) 100.305 & 100.315 Levels........>

EURIBOR TECHS
EURIBOR TECHS: (M18) 100.305 & 100.315 Levels Remain Key
*RES 4: 100.325 - High Oct 19 2016, High Dec 15 
*RES 3: 100.320 - Repeated Daily highs Dec 
*RES 2: 100.318 - Bollinger band top 
*RES 1: 100.315 - Repeated daily highs Jan 2018
*PREVIOUS CLOSE: 100.310
*SUP 1: 100.305 - Lows Dec 4 & 5
*SUP 2: 100.304 - Bollinger band base
*SUP 3: 100.295 - Low Dec 1
*SUP 4: 100.285 - Repeated Daily lows Oct
*COMMENTARY: Bulls take comfort in the 100-DMA (100.307) holding firm so far in
2018 with bears needing a close below 100.305 to hint at a move back to 100.285.
The pops above 21 & 55-DMAs lack follow through with bulls still needing a close
above 100.315 to confirm a break, ease bearish pressure and shift initial focus
to 100.320-325. Daily studies lingering at modestly O/B levels is less than
ideal for bulls.

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