Certainly! Here's a more polished version:
"I am currently monitoring CAD/JPY for a potential breakout from its current ranging channel, anticipating a retest. Considering the elevated price levels, I am specifically eyeing a pullback retracement of approximately 108 pips in the short term. This retracement could precede a potential upward movement in price."
"I am currently monitoring CAD/JPY for a potential breakout from its current ranging channel, anticipating a retest. Considering the elevated price levels, I am specifically eyeing a pullback retracement of approximately 108 pips in the short term. This retracement could precede a potential upward movement in price."
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.