NZD/USD 1H – Bullish Rejection from Channel SupportNZD/USDOANDA:NZDUSDraksazatrader📢 Join Our Free Forex Signal Group on Telegram! Get daily high-quality signals and analysis for free. 👉 https://t.me/rkzfx --- NZD/USD 1H – Bullish Rejection from Channel Support NZD/USD is respecting its ascending channel, recently bouncing from the lower boundary with strong bullish momentum. This sets up a potential long continuation toward the channel top around 0.61564. 🔍 Key Highlights: Ascending Channel Structure: Price continues to print higher highs and higher lows. Bullish Rejection Zone: The purple area around 0.60600 – 0.60480 provided strong intraday support. Upside Target: A move toward 0.61564 is anticipated if bullish momentum holds. 📊 Trade Plan: Buy Entry Zone: 0.60600 – 0.60480 Stop Loss: Below 0.60480 Take Profit: 0.61564 Risk:Reward: ~1:2 🧠 Confirmation Tip: Look for lower timeframe bullish structure or engulfing candle before entry. Setup invalidates if price closes below 0.60480.