(Z18) Bears Need Close Below..........>

EURIBOR TECHS: (Z18) Bears Need Close Below 100.285

*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: 100.296 - Bollinger band top

*PREVIOUS CLOSE: 100.295

*SUP 1: 100.285 - Low Mar 15

*SUP 2: 100.275 - High Mar 7 now support

*SUP 3: 100.270 - 21-DMA

*SUP 4: 100.259 - 55-DMA

*COMMENTARY: Bullish confidence grows as the contract gains traction above the

weekly bear channel top (100.260) off 2016 highs. A close above the bull channel

top sees bulls now focused on layers of resistance 100.320-340 although the

Bollinger band top remains a concern with potential to limit follow through.

Support layers are accumulating with bears now needing a close below 100.285 to

gain breathing room and below 100.275 to pressure DMAs 100.259-270.