Thoughts on $NZDUSD after this bounce

Watching $NZDUSD closely after today's move. We touched 0.56915 earlier, bounced pretty hard to 0.57094, and are currently sitting around 0.57056. It looks like we're forming a potential higher low on the shorter timeframes, which is encouraging for a continuation of the relief rally. The immediate resistance zone I'm watching is just above 0.571, where we've seen some selling pressure previously. If we can punch through that convincingly, the next target around 0.575 becomes more probable. However, a break back below today's low of 0.56915 would invalidate this short-term bullish outlook for me and suggest we're still very much in a downtrend, potentially heading towards 0.565 again. Keeping an eye on 4-hour candle closes for confirmation either way.