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(Z18) Above 100.305 To Target.........>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Above 100.305 To Target 100.320-340
*RES 4: 100.340 - High Oct 10 2016 
*RES 3: 100.325 - High Oct 19 2016, High Dec 15 
*RES 2: 100.320 - Repeated Daily highs Dec 
*RES 1: 100.305 - 2018 High Mar 27 & 28, Apr 6 & 9
*PREVIOUS CLOSE: 100.305
*SUP 1: 100.290 - Highs Mar 13 & 14 now support
*SUP 2: 100.285 - Low Mar 15
*SUP 3: 100.281 - 55-DMA
*SUP 4: 100.270 - 100-DMA
*COMMENTARY: Continued hesitation around 2018 highs sees the contract flirting
with the 21-DMA (100.300). Bears now look for a close below 100.290 to confirm
an easing of bullish pressure. 55 & 100-DMAs are noted 100.270-281 with a close
below the 100-DMA still needed to end bearish hopes and to shift initial focus
back to 100.250. Bulls need a close above 100.305 to target 100.320-340.

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