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

EURIBOR TECHS
EURIBOR TECHS: (Z18) O/B Daily Studies Correcting, 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: 100.305 - 2018 High Mar 27 & 28
*PREVIOUS CLOSE: 100.300
*SUP 1: 100.295 - Repeated daily lows Mar
*SUP 2: 100.290 - Highs Mar 13 & 14 now support
*SUP 3: 100.285 - Low Mar 15
*SUP 4: 100.275 - High Mar 7 now support
*COMMENTARY: Continued hesitation around 2018 highs has taken its toll with the
contract testing initial support this week. In saying that, bears continue to
look for a close below 100.285 to gain breathing room and below 100.275 to
pressure DMAs 100.267-271 where 55 & 100-DMAs are located. Bulls continue to
look for a close above 100.305 to reconfirm bullish momentum and initially
target 100.320-340.

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