Pivot: 16.29
Our preference: Long positions above 16.29 with targets @ 16.7 16.9 in extension.
Alternative scenario: Below 16.29 look for further downside with 15.93 15.74 as targets.
Comment: A support base at 16.29 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17.2 **
16.9 **
16.7 **
16.5 Last
16.29 ***
15.93 ***
15.74 **
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