AMZN exchange rate correction. ..
AMAZON.COM INC NASDAQ:AMZN
AMZN exchange rate correction. The exchange rate may be an ABC waveform correction. The support of the first wave structure (0A) can be provided by a parallel shaft of a wave axis. Then we expect a shorter rise. Correction wave structure (AB) is equal to the D1 ATR axis. From this level, the second major decreasing wave structure ( BC ) could be formed, supported by the wave axis itself.