Bitcoin Cash Price Weekly Analysis – Can BCH/USD Hold This?

Key PointsBitcoin cash price is trading above the $1,120 support with a neutral bias against the US Dollar.
There is a key bearish trend line forming with resistance at $1,295 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).
The pair is trading with a neutral bias as long as it is above the $1,120 in the near term.Bitcoin cash price is finding it hard to move higher above $1,300 against the US Dollar. BCH/USD must break the $1,300 resistance to more gains in the near term.
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