(Z18) Gradual Selloff Continues.......>

EURIBOR TECHS: (Z18) Gradual Selloff Continues

*RES 4: 100.305 - Repeated daily lows Apr/May now resistance 

*RES 3: 100.300 - Highs June 14 & 15, Repeated highs July 

*RES 2: 100.296 - 21-DMA 

*RES 1: 100.286 - 55-DMA 

*PREVIOUS CLOSE: 100.280 

*SUP 1: 100.277 - 200-DMA 

*SUP 2: 100.265 - High June 11 now support 

*SUP 3: 100.245 - Low June 8 

*SUP 4: 100.190 - Low May 29 

Euribor's selloff continues, with support at the 200-DMA increasingly under

threat following the break below the 55-DMA yesterday. Bulls need to recover

this level, currently at 100.286, to avoid downside momentum intensifying and

bears targeting a return to the late-May lows.