Pivot: 16.9
Our preference: Long positions above 16.9 with targets @ 17.22 17.4 in extension.
Alternative scenario: Below 16.9 look for further downside with 16.6 16.2 as targets.
Comment: A support base at 16.9 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17.6 **
17.4 **
17.22 **
17.05 Last
16.9 ***
16.6 **
16.2 **
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