(Z18) O/B Daily Studies, 100.285......>

EURIBOR TECHS: (Z18) O/B Daily Studies, 100.285 Support Key

*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: 100.300 - Repeated 2018 Highs Jan - Mar

*PREVIOUS CLOSE: 100.300

*SUP 1: 100.290 - Highs Mar 13 & 14 now support

*SUP 2: 100.285 - Low Mar 15

*SUP 3: 100.275 - High Mar 7 now support

*SUP 4: 100.264 - 55-DMA

*COMMENTARY: Daily studies correcting from O/B levels and hesitation at 100.300

is less than ideal for bulls who are focused on layers of resistance

100.320-340. Bulls need a close above 100.320 to maintain bullish momentum.

Initial support remains at 100.290 but bears continue to look for a close below

100.285 to gain breathing room and below 100.275 to pressure DMAs 100.264-265.