(M18) Pressuring Key Resistance.......>

EURIBOR TECHS: (M18) Pressuring Key Resistance

*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: 100.320

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

*SUP 2: 100.305 - 55-DMA

*SUP 3: 100.295 - Low Dec 1

*SUP 4: 100.294 - 100-DMA

*COMMENTARY: Having recently found support ahead of the 55-DMA bulls take

comfort in pressure returning to the 100.320-325 resistance region. Bulls now

need a close above 100.325 to shift focus to 100.340-380 last seen in Sept/Oct

2016. Initial support is noted at 100.315 with bears needing a close below to

ease bullish pressure and below the 55-DMA to shift focus back to 100.294-295

where the 100-DMA is noted.