AUD/NZD is maintaining a strong bullish structure within a rising channel on the 2-hour chart. After a healthy correction toward the lower trendline support, buyers stepped back into the market aggressively, leading to a bullish rebound from the 1.2140–1.2150 support region.

Price is now attempting continuation toward the upper resistance levels at 1.22250 (TP1) and 1.22600 (TP2). The trend remains bullish as long as price holds above the ascending support structure.
Suggested SL: Below recent support of H2.