Pivot: 16.6
Our preference: Long positions above 16.6 with targets @ 16.87 17.05 in extension.
Alternative scenario: Below 16.6 look for further downside with 16.45 16.36 as targets.
Comment: A support base at 16.6 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17.18
17.05
16.87
16.78 Last
16.6
16.45
16.36
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