Pivot: 15.93
Our preference: Long positions above 15.93 with targets @ 16.37 16.53 in extension.
Alternative scenario: Below 15.93 look for further downside with 15.79 15.6 as targets.
Comment: The RSI calls for a rebound. Prices broke above a declining trend line.
Supports and resistances:
16.66
16.53
16.37
16.12 Last
15.93
15.79
15.6
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