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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.