(M18) 100.320-325 Resistance..........>

EURIBOR TECHS: (M18) 100.320-325 Resistance Remains Key

*RES 4: 100.380 - Low Sept 27 2016 now resistance 

*RES 3: 100.340 - High Oct 10 2016 

*RES 2: 100.325 - High Oct 19 2016 

*RES 1: 100.320 - Monthly Highs Oct & Nov

*PREVIOUS CLOSE: 100.315

*SUP 1: 100.315 - Repeated daily highs Nov now support

*SUP 2: 100.306 - 55-DMA

*SUP 3: 100.305 - Lows Dec 4 & 5

*SUP 4: 100.295 - Low Dec 1 & 100-DMA

*COMMENTARY: Despite pressure returning to the 100.320 resistance, bulls have so

far failed to produce the close above 100.325 needed to shift focus to

100.340-380 last seen in Sept/Oct 2016. Pressure has returned to Initial support

at 100.315 with bears needing a close below to ease bullish pressure and below

100.305 to confirm a break of the 55-DMA and shift focus back to 100.295 where

the 100-DMA is noted.