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EURIBOR TECHS: (Z18) 100.300-305 Resistance Remains Key
*RES 4: 100.310 - 2018 High Repeatedly May
*RES 3: 100.305 - Repeated daily lows Apr/May now resistance
*RES 2: 100.300 - Highs June 14 & 15
*RES 1: 100.295 - Falling TL off May 9 high
*PREVIOUS CLOSE: 100.295
*SUP 1: 100.284 - 21-DMA
*SUP 2: 100.275 - Lows June 21-22 & 25
*SUP 3: 100.265 - High June 11 now support
*SUP 4: 100.245 - Lows June 7 & 8
*COMMENTARY: The 100.300-305 resistance remains key. Bulls need a close above
this region to confirm a bullish bias and initially target 100.320. Daily
studies are now mixed and giving few clues. Bears still need a close below the
21-DMA to ease bullish pressure and below 100.265 to confirm a break of the
200-DMA (100.268) & shift immediate focus back to 100.245 and overall focus back
to 2018 lows.