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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: 100.275
*SUP 1: 100.264 - 21-DMA
*SUP 2: 100.256 - 55-DMA
*SUP 3: 100.250 - Lows Feb 26 & 27
*SUP 4: 100.240 - Low Jan 29
*COMMENTARY: Support emerging at 100.250 provided the base for the contract to
gain traction above key DMAs 100.256-264 but follow through remains lacking with
rejections at 100.285 continuing. Bears need a close below 100.250 to ease
bullish pressure and below 100.240 to shift focus back to 100.219-225 where the
200-DMA is situated. The Bollinger band top (100.280) remains the key concern
for bulls.

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