NZDUSD Asia briefing — 2026-05-08

BIAS BULLISH — D1 structure dominates despite H4/H1 divergence; RSI neutral supports upside continuation from 0.5938. KEY LEVELS R: 0.595, 0.6, 0.61632 | S: 0.59, 0.585, 0.58165 NEWS 🟡 Fed's Cook speech — Fri 09:45 UTC 🔴 Average Hourly Earnings (MoM/YoY) — Fri 12:30 UTC SESSION OUTLOOK Asia opens with mild volatility. Cook speech mid-session may shift USD momentum; earnings data (high impact) arrives end-Asia. Watch 0.595 rejection or breakout. PRO UNLOCKS Entry 0.5945 | SL 0.5805 | TP1 0.5985 | TP2 0.6015 | FVG 0

Key Levels

R: 0.59500 · 0.60000 · 1.71632

S: 0.59000 · 0.58500 · 0.58165