(M18) Bullish Confidence Grows *RES...>

EURIBOR TECHS: (M18) Bullish Confidence Grows

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

*RES 3: 100.340 - High Oct 10 2016 

*RES 2: 100.330 - Daily Bull channel top 

*RES 1: 100.325 - High Oct 19 2016, High Dec 14

*PREVIOUS CLOSE: 100.325

*SUP 1: 100.320 - Repeated daily highs now support

*SUP 2: 100.310 - Low Dec 12

*SUP 3: 100.307 - 55-DMA

*SUP 4: 100.305 - Lows Dec 4 & 5

*COMMENTARY: Bullish confidence received a boost with the contract now

pressuring levels last seen in Oct 2016 and the daily bull channel top. O/B

daily studies and the Bollinger top (100.323) are key concerns for bulls with

potential to limit follow through. Bears now look for a close below 100.320 to

ease bullish pressure and hint at a correction back to 100.305-310 with the

55-DMA noted at 100.308.