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

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.