(M18) 100.305-310 Support Region......>

EURIBOR TECHS: (M18) 100.305-310 Support Region Key

*RES 4: 100.340 - High Oct 10 2016 

*RES 3: 100.325 - High Oct 19 2016, High Dec 15 

*RES 2: 100.320 - Repeated Daily highs Dec 

*RES 1: 100.318 - Bollinger band top

*PREVIOUS CLOSE: 100.315

*SUP 1: 100.310 - Repeated Daily lows Jan

*SUP 2: 100.307 - 100-DMA

*SUP 3: 100.305 - Lows Dec 4 & 5

*SUP 4: 100.304 - Bollinger band base

*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 now needing a close

above 100.320 to confirm a break, ease bearish pressure and above 100.325 to

target 100.340-341 where the bull channel top is noted. Daily studies lingering

at modestly O/B levels is less than ideal for bulls.