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

EURIBOR TECHS: (Z18) Bears Now Need Close Below 100.295

*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: 100.295

*SUP 1: 100.295 - Repeated daily lows Apr

*SUP 2: 100.285 - Daily Bull channel base off 2018 Low

*SUP 3: 100.283 - 55-DMA

*SUP 4: 100.275 - High Mar 7 now support

*COMMENTARY: Continued hesitation around 2018 highs sees pressure on the 100.295

support. Bears now look for a close below this level to shift initial focus back

to 100.270-285 where 55 & 100-DMAs and the bull channel base off 2018 lows are

noted. Bulls still need a close above 100.305 to target 100.320-340 with the

daily bull channel top now noted at 100.322.