Bitcoin Cash Price Technical Analysis – BCH/USD Trading Positively

Key PointsBitcoin cash price is gaining upside momentum and is currently trading above $1,250 against the US Dollar.
There was a break above a connecting bearish trend line with resistance at $1,250 on the hourly chart of BCH/USD (data feed from SimpleFX).
The pair has to move above the $1,290 resistance level to gain upside momentum in the near term.Bitcoin cash price is building bullish moves against the US Dollar. BCH/USD may continue to move higher towards the all-important $1,290 resistance