NZDUSD Asia briefing — 2026-08-12

BIAS NEUTRAL. RSI neutral at 46, H4/H1 EMAs divergent, D1 structure neutral—bullish label conflicts with actual technicals lacking momentum conviction. KEY LEVELS R: 0.59087, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🔴 USD CPI MoM & YoY — Wed 12:30 UTC 🟡 MBA Mortgage Apps — Wed 11:00 UTC SESSION OUTLOOK CPI at 12:30 UTC will dominate. Strong inflation risks USD strength, pressuring NZDUSD lower. Watch 0.59 hold or break intraday.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625