(Z18) 21 & 200-DMAs Key Supports......>

EURIBOR TECHS: (Z18) 21 & 200-DMAs Key Supports This Week

*RES 4: 100.310 - 2018 High Repeatedly May 

*RES 3: 100.308 - Bollinger band top 

*RES 2: 100.305 - Repeated daily lows Apr/May now resistance 

*RES 1: 100.300 - Highs June 14 & 15

*PREVIOUS CLOSE: 100.290

*SUP 1: 100.275 - 21-DMA

*SUP 2: 100.265 - High June 11 now support, 200-DMA

*SUP 3: 100.245 - Lows June 7 & 8

*SUP 4: 100.235 - Low May 31

*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 lingering at O/B levels is less than ideal for bulls. Bears still need a

close below the 21-DMA to ease bullish pressure and below the 200-DMA to shift

immediate focus back to 100.245 and overall focus back to 2018 lows.