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(Z18) Focus Shifts To 100-DMA *RES....>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Focus Shifts To 100-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: 100.301 - 21-DMA
*PREVIOUS CLOSE: 100.290
*SUP 1: 100.275 - High Mar 7 now support
*SUP 2: 100.274 - 100-DMA
*SUP 3: 100.265 - Repeated daily lows Mar
*SUP 4: 100.252 - 200-DMA
*COMMENTARY: The correction lower from recent 2018 highs has resulted in a
marginal close below the 55-DMA (100.292) and the daily bull channel base off
2018 lows. Immediate focus now shifts to the 100-DMA with a close below needed
to target the 200-DMA. Bulls now need a close above 100.305 to ease bearish
pressure and above 100.310 to reconfirm focus on 100.320-340.

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