NZD/USD SHORT ENTRY IDEA📈 NZDUSD Technical Analysis 🚀
🔹 Bullish Channel Formation: The price is moving within an ascending channel, respecting both support and resistance levels.
🔹 Retest & Continuation: After testing the lower boundary, the price is showing bullish momentum towards the upper channel.
🔹 Target Zone: If the structure holds, the price could reach the upper resistance area around 0.5900 - 0.5950.
⚠️ Key Considerations:
• Watch for any potential rejection at key resistance levels.
• Proper risk management is crucial to handle possible pullbacks.
🔥 Let’s see how this plays out! 🚀