USDCHF MARKET ANALYSIS

 Good evening traders, here's my outlook on USDCHF where price broke a major daily supply zone at 0.88900 & 0.88600 and rallied higher forming higher highs at 0.89500. Price retraced back to retest the broken supply as a new demand before a potential rally. Price dropped into the zone at 0.88600 and formed rejection wicks with candle closes inside the zone. Took buy positions during NY session at 0.88630 with SL at 0.88370. Setup taken is a drop base rally, a reversal setup and my target is at the next major daily supply zone at 0.89900.







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