Pivot: 17.16
Our preference: Long positions above 17.16 with targets @ 17.8 18.15 in extension.
Alternative scenario: Below 17.16 look for further downside with 16.7 16.45 as targets.
Comment: A support base at 17.16 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
18.5 *
18.15 **
17.8 **
17.538 Last
17.16 ***
16.7 ***
16.45 **
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