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Important resistance line being approached by BCHBTC. This price has been tested numerous time in the last 2 days

BCHBTC is moving towards the resistance line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BCHBTC continues in its current trajectory, we can expect it to reach 0.0336 within the next 9 hours.

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We expect a $90 movement on NZDUSD within 4 hours following the event release at 10 Jul 08:30.

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We expect NZDUSD to trend upwards right now.

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