NZDUSD London briefing — 2026-05-04

BIAS BEARISH — D1 structure dominates; H4 bullish contradicted by H1 neutral and RSI mid-range. KEY LEVELS R: 0.595, 0.6 | S: 0.59, 0.585, 0.58165 NEWS 🟡 Factory Orders (USD) Mon 14:00 UTC 🟡 3M/6M Bill Auctions (USD) Mon 15:30 UTC SESSION OUTLOOK USD strength from auctions may trigger downside. Watch 0.59 support hold; break below targets 0.585. PRO UNLOCKS Unlock exact entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets with Pro subscription.

Key Levels

R: 0.59500 · 0.60000 · 1.71632

S: 0.59000 · 0.58500 · 0.58165