** Asia Open: Daily CHF Trade / Tue. Sep. 19, 2006 **

Home : Forex Forecasts : ** Asia Open: Daily CHF Trade / Tue. Sep. 19, 2006 **

FOREX FORECAST & ANALYSIS

Daily Report

By J. Enrique Tolentino S.

http://www.gcmreach.com

Asia Session Open: Tactical Strategy for Tuesday September 19th, 2006: USD/CHF

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Medium Term Trend: CHF seems already put a bottom above 1.21. Now 1.2240/1.2180-55 should contain & spark a powerful upmove toward 1.3050 level

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Asian Session Expected Movement: ↑

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Today's Trade Analysis: Swiss will find support around 1.2495/2480 & spark the MT upward move to 1.2665 key level, entoute to 1.2750 & 1.2870 ST targets

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Supports: 1.2495/1.2455/1.2420 Resistances: 1.2585/1.2620/1.2665

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Plan: Buy 1.2495, stop loss 1.2460, 4 rise resume toward 1.2605/25 enroute o 1.2665

J. Enrique Tolentino S.

CEO & Head Trader

ceo@gcmreach.com

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