NZDUSD Asia briefing — 2026-06-01

BIAS BULLISH — D1 structure + aligned H4/H1 EMAs confirm upside despite RSI overbought signal. KEY LEVELS R: 0.59937, 0.6, 0.605 | S: 0.595, 0.59, 0.58154 NEWS 🔴 Fed Powell speech (Mon 00:30 UTC) — USD volatility driver 🟡 S&P Manufacturing PMI (Mon 13:45 UTC) 🟡 Construction Spending MoM (Mon 14:00 UTC) SESSION OUTLOOK Powell speech overnight may trigger USD strength early. Watch 0.59937 resistance; breach targets 0.6 handle. Support holds at 0.595. PRO UNLOCKS Entry 0.5985, SL 0.5912, TP1 0.5994, TP2 0.6018, FVG

Key Levels

R: 0.59937 · 0.60000 · 0.60500

S: 0.59500 · 0.59000 · 0.58154