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(M18) Above100.325 Targets............>

EURIBOR TECHS
EURIBOR TECHS: (M18) Above100.325 Targets 100.340-341
*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.
Focus has returned to the 100.320-325 region with the Bollinger top currently
limiting follow through. Bulls now look for a close above 100.325 to target
100.340-341 where the bull channel top is noted. Daily studies lingering at
modestly O/B levels remains less than ideal for bulls.

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