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(Z18) Bearish Below 200-DMA *RES 4:...>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Bearish Below 200-DMA
*RES 4: 100.305 - Repeated daily lows Apr/May now resistance 
*RES 3: 100.300 - Highs June 14 & 15, Repeated highs July 
*RES 2: 100.295 - 21-DMA 
*RES 1: 100.286 - 55-DMA 
*PREVIOUS CLOSE: 100.280 
*SUP 1: 100.278 - 200-DMA 
*SUP 2: 100.265 - High June 11 now support 
*SUP 3: 100.245 - Low June 8 
*SUP 4: 100.190 - Low May 29 
The 100-DMA remains under pressure as the failure to overcome 100.300 appears to
have confirmed a lower high for the cycle. 200.278 is the last line significant
line of support before the June lows. Bulls need to reclaim the 55-DMA,
currently at 100.286 to stabilise the short-term outlook, and reclaim the 21-DMA
at 100.295 to shift the focus higher and retest the 100.300 highs.

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