NZDUSD Asia briefing — 2026-05-12

BIAS BULLISH — H4 and H1 EMAs aligned upward despite neutral D1; RSI neutral offers room to run. KEY LEVELS R: 0.600, 0.605, 0.61632 | S: 0.595, 0.590, 0.58165 NEWS 🟡 Fed Williams speech — Tue 12 May 07:15 UTC 🟡 ADP Employment Change — Tue 12 May 12:15 UTC 🟡 NFIB Business Optimism — Tue 12 May 10:00 UTC SESSION OUTLOOK Watch 0.600 resistance as primary target; USD strength from Fed speakers may trigger pullbacks. Monitor ADP data for mid-session volatility into early London overlap. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci levels — unlock

Key Levels

R: 0.60000 · 0.60500 · 1.71632

S: 0.59500 · 0.59000 · 0.58165