NZDUSD Asia briefing — 2026-07-16

BIAS BULLISH with caution. EMA H4/H1 aligned uptrend; D1 structure bullish. RSI 72.6 signals overbought—pullback risk despite directional strength. KEY LEVELS R: 0.585, 0.58632, 0.59 | S: 0.58, 0.575, 0.56318 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🔴 Continuing Jobless Claims (USD) Thu 12:30 UTC 🟡 4-week avg Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK Asia session opens with bullish setup but overbought RSI. US jobs data (Thu) may trigger volatility; watch for profit-taking or continuation above 0.585. PRO UNLOCKS Entry, SL, TP1/TP2,

Key Levels

R: 0.58500 · 0.58632 · 0.59000

S: 0.58000 · 0.57500 · 0.56318