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Breach of resistance could mean a start of a bullish trend on AMZN

This trade setup on AMZN is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 204.5211.

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We expect a 65 pip movement on SM for the next 4 hours.

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A final push possible on Brent Crude as it starts approaching a price line of 71.3250.

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