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(Z18) 21-DMA Resistance Key Today.....>

EURIBOR TECHS
EURIBOR TECHS: (Z18) 21-DMA Resistance Key Today
*RES 4: 100.291 - 55-DMA 
*RES 3: 100.275 - Low June 4 & 5 now resistance, 21-DMA 
*RES 2: 100.265 - Alternating daily support/resistance 
*RES 1: 100.261 - 200-DMA
*PREVIOUS CLOSE: 100.255
*SUP 1: 100.243 - Bollinger band base
*SUP 2: 100.235 - Low May 31
*SUP 3: 100.215 - Low May 30
*SUP 4: 100.190 - 2018 Low May 29
*COMMENTARY: The 55-DMA confirmed significance with the recovery from 2018 lows
remaining capped on approach. The failure ahead of the 55-DMA has provided the
impetus for a sell-off and close below the 200-DMA that sees immediate focus on
the 100.215-243 support region where the Bollinger base is noted. Bulls now need
a close above the 21-DMA to gain breathing room and above 100.295 to return
focus to 2018 highs.

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