Pivot: 16.6
Our preference: Long positions above 16.6 with targets @ 17.18 17.37 in extension.
Alternative scenario: Below 16.6 look for further downside with 16.2 15.78 as targets.
Comment: A support base at 16.6 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17.6 **
17.37 **
17.18 **
16.9 Last
16.6 ***
16.2 **
15.78 **
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