(Z18) Bulls Focused On 100.320-340....>

EURIBOR TECHS: (Z18) Bulls Focused On 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: 100.310 - 2018 High May 3 & 4

*PREVIOUS CLOSE: 100.305

*SUP 1: 100.300 - 21-DMA

*SUP 2: 100.295 - Repeated daily lows Apr

*SUP 3: 100.286 - Daily Bull channel base off 2018 Low, 55-DMA

*SUP 4: 100.275 - High Mar 7 now support

*COMMENTARY: Having found support at 100.295 bulls take comfort in fresh 2018 &

19mth highs with immediate focus now on 100.320-340. Bulls have room to move

before studies become O/B. Bears now need a close below 100.295 to ease bullish

pressure and to shift initial focus back to 100.272-286 where 55 & 100-DMAs and

the bull channel base off 2018 lows are noted.