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25.04.201913:59 Forex Analysis & Reviews: The Technical Analysis for BCH/USD during US Market Opening on Thursday April 25, 2019.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 25.04.2019 analysis

When the US market opened, the BCH/USD pair seemed to be trying to reach its first target at the 295.44 level. If this level is hit, the pair is likely to move up towards its second target at the middle Pitchfork Channel. As long as the BCH/USD pair does not break through and close below the 279.55 level, the bias is bullish.

Arief Makmur
Analytical expert of InstaForex
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