BCH/USD continues to trade in a tight $50 range since Wednesday. Today’s shallow recovery doesn’t cause the near-term outlook to change from bearish to neutral. $650 stays as the next critical target on the downside. BCH/USD daily chart Spot rate: 700 Relative change: +2% High: 707 Low: 685 Trend: Bearish Support 1: 650 (Jun 28/Jun. 29 low). Support 2: 600 (Apr. 4/5 low/2018 low). Support 3: 520 (Nov. 9, 2017, low). Resistance 1: 730 (20-DMA). Resistance 2: 780 (Fibo. %23.6 retracement of Jun. 3 – 29 fall). Resistance 3: 860 (Fibo. %38.2 retracement of Jun. 3 – 29 fall). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next ECB wants to keep a lid on long-term yields when it stops making net new purchases – Rabobank FX Street 5 years BCH/USD continues to trade in a tight $50 range since Wednesday. Today's shallow recovery doesn't cause the near-term outlook to change from bearish to neutral. $650 stays as the next critical target on the downside. BCH/USD daily chart Spot rate: 700 Relative change: +2% High: 707 Low: 685 Trend: Bearish Support 1:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
