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

EURIBOR TECHS: (M18) 100.315 Resistance Now Key

*RES 4: 100.325 - High Oct 19 2016, High Dec 15 

*RES 3: 100.320 - Repeated Daily highs Dec 

*RES 2: 100.319 - Bollinger band top 

*RES 1: 100.315 - High Jan 17 & 18

*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 holding firm with bears needing a

close below 100.305 now 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 100.315 to 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.