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(Z18) Bulls Need Close Above..........>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Bulls Need Close Above 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: 100.285 - Repeated Daily highs Nov & Dec, High Mar 8
*PREVIOUS CLOSE: 100.280
*SUP 1: 100.263 - 21-DMA
*SUP 2: 100.255 - 55-DMA
*SUP 3: 100.250 - Lows Feb 26 & 27
*SUP 4: 100.240 - Low Jan 29
*COMMENTARY: Support emerging at 100.250 has provided the base for the contract
to gain traction above key DMAs 100.255-262 but follow through remains lacking
with rejections ahead of 100.285 continuing. Bears need a close below 100.250 to
ease bullish pressure and below 100.240 to shift focus back to 100.218-225 where
the 200-DMA is situated. The Bollinger band top (100.279) remains the key
concern for bulls.

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