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(M18) Below 100.305 Targets...........>

EURIBOR TECHS
EURIBOR TECHS: (M18) Below 100.305 Targets 100.285-295
*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: 100.319 - Bollinger band top
*PREVIOUS CLOSE: 100.310
*SUP 1: 100.308 - 100-DMA
*SUP 2: 100.305 - Lows Dec 4 & 5, Bollinger band base
*SUP 3: 100.295 - Low Dec 1
*SUP 4: 100.285 - Repeated Daily lows Oct
*COMMENTARY: The 100.305 support again confirmed significance with the dip below
the 100-DMA and bull channel base bouncing from this level Wednesday. The
100.320-325 resistance region remains key. Bulls look for a close above 100.325
to target 100.340-343 where the bull channel top is noted. Bears continue to
look for a close below 100.305 to end bullish hopes and target 100.285-295.

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