Bitcoin Cash Price Analysis: Can BCH/USD Recover?

Key PointsBitcoin cash price found support near $950 and started an upside move against the US Dollar.
This week’s crucial bearish trend line with resistance at $1,040 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is now trading above the $1,020 resistance and it may correct further in the near term.Bitcoin cash price is recovering nicely from $950 against the US Dollar. BCH/USD could recover further as long as the price is above $1,020.
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