NZDUSD London briefing — 2026-05-06

BIAS BULLISH — D1 structure + H4/H1 EMA alignment confirm upside momentum despite elevated RSI. KEY LEVELS R: 0.595, 0.6, 0.61632 | S: 0.59, 0.585, 0.58165 NEWS 🔴 ADP Employment Change Wed 12:15 UTC 🟡 Fed's Musalem speech Wed 13:30 UTC 🔴 MBA Mortgage Applications Wed 11:00 UTC SESSION OUTLOOK London open targets 0.595 resistance; ADP print mid-session may trigger volatility. Hold above 0.59 support for continuation. PRO UNLOCKS Entry zones, SL precision, TP clusters, FVG sweeps, liquidity levels — unlock with Pro subscription.

Key Levels

R: 0.59500 · 0.60000 · 1.71632

S: 0.59000 · 0.58500 · 0.58165