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(Z18) Bulls Need Close Above 21-DMA...>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Bulls Need Close Above 21-DMA
*RES 4: 100.320 - Repeated Daily highs Dec 
*RES 3: 100.310 - 2018 High Repeatedly May 
*RES 2: 100.305 - Repeated daily lows Apr/May 
*RES 1: 100.298 - 21-DMA
*PREVIOUS CLOSE: 100.290
*SUP 1: 100.275 - High Mar 7 now support
*SUP 2: 100.265 - Repeated daily lows Mar
*SUP 3: 100.255 - 200-DMA
*SUP 4: 100.250 - Low Feb 26
*COMMENTARY: The correction lower from recent 2018 highs has resulted in closes
below the 55-DMA (100.294) and the daily bull channel base off 2018 lows.
Immediate focus is now on 100.275 with a close below needed to target the
200-DMA. Bulls still need a close above the 21-DMA to ease bearish pressure and
above 100.310 to reconfirm focus on 100.320-340.

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