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

EURIBOR TECHS
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: 100.310 - Low Dec 12
*SUP 2: 100.307 - 55-DMA
*SUP 3: 100.305 - Lows Dec 4 & 5
*SUP 4: 100.295 - Low Dec 1
*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. The dip below the 21-DMA (100.313)
lacked follow through with bears now needing a close below 100.305 to ease
bullish pressure and shift initial focus to 100.295-296 where the 100-DMA is
situated.

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