NZDUSD growth in channel

As I said last time, the price began to fall in the channel.
However, I am updating the idea on a smaller TF.
There is another channel on the chart from December 2020.
The price is below the channel line at position 0.718.
There is also another line of support from December last year.
I expect the price to rise from this zone towards resistance.
The target is 0.725.

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