USDCHF MARKET ANALYSIS

 Good morning traders, its another amazing week after a long weekend that was followed by Juneteenth a US holiday yesterday hence causing very slow volume on all USD pairs. Today the volume in the markets is finally back and there's some very profitable opportunities presenting themselves. Into the markets today I'm looking at 2 pairs which are USDCHF and EURUSD of which I'll drop my EURUSD analysis on my next post. Into USDCHF, market has been very bearish with price dropping and breaking demand zones on its way down. Price broke a key H1 & H4 demand zone at 0.90051 & 0.89763 and formed a lower low at 0.89050. Price then retraced to retest the broken demand as a new supply zone before a continuation of the drop lower. Price consolidated below the zone during Asian session into London session followed by a strong bullish push into the zone. Took sell positions during London session at 0.89772 with SL at 0.90080. Setup taken is a drop base drop, a continuation setup and my target is at the next H4 demand zone at 0.88676 & 0.88263.