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(M18) 100.315 Resistance Now Key......>

EURIBOR TECHS
EURIBOR TECHS: (M18) 100.315 Resistance Now Key
*RES 4: 100.325 - High Oct 19 2016, High Dec 15 
*RES 3: 100.321 - Bollinger band top 
*RES 2: 100.320 - Repeated Daily highs Dec 
*RES 1: 100.315 - High Jan 17
*PREVIOUS CLOSE: 100.310
*SUP 1: 100.305 - Lows Dec 4 & 5. 100-DMA
*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 holding firm with bears needing a
close below the 100-DMA to hint at a move back to 100.285. The pop above 21 &
55-DMAs lacked follow through Wednesday with bulls now needing a close above
100.315 o ease bearish pressure and shift initial focus to 100.320-325. Daily
studies at modestly O/S levels and looking to correct remains the key concern
for bears.

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