04.10.2019
Amazon has been able to breach the 1750.67 support level and start the downtrend after trading below the mentioned level. The price approached the next support level of 1665.45
price is currently moving below the 7-20-50 moving averages which form resistance levels and press it to fall further.
Stochastic is on an uptrend after exiting the oversold area, thus pressuring the pair to rise and test resistance 1752.86.
Expected trend for today: Neutral.
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