(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: 100.285

*SUP 1: 100.265 - 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 100.256-265 but follow through remains lacking with

100.285 continuing to cap. Bears need a close below 100.250 to ease bullish

pressure and below 100.240 to shift focus back to 100.220-225 where the 200-DMA

is situated. The Bollinger band top (100.285) remains the key concern for bulls

and currently caps.