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

EURIBOR TECHS: (M18) 100.305 & 100.315 Levels 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 - High Jan 17 & 18

*PREVIOUS CLOSE: 100.315

*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 (100.306) 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. Bollinger bands now narrowing hints at a break out in the short

term.