NZDUSD: One More Drop Before a Bigger Bullish Move?NEW ZEALAND DOLLAR / U.S. DOLLARFX_IDC:NZDUSDzarixschoolNZDUSD is getting close to an area that could become important for the next major move. On the weekly chart, price is approaching a potential bottoming area. Based on the current structure, this bottom could develop within the next 1ā2 weeks. The daily chart, however, still looks corrective. That means Iām not looking for an immediate bullish reversal. Price could push lower first before the correction is complete. šÆ Levels Iām watching: 0.5635ā0.5626 ā first potential reaction area 0.5553 ā deeper support if the correction extends The interesting part comes after the decline. If NZDUSD reaches one of these areas and starts showing a convincing bullish reaction, it could create the conditions for a larger, longer-term bullish setup. For now, patience matters. The correction may still have unfinished business before the better buying opportunity appears. Bias: Short-term corrective | Longer-term bullish setup developing