NZDUSD London briefing — 2026-05-07

BIAS BULLISH. D1 structure + aligned H4/H1 EMAs confirm uptrend despite RSI overbought signal. KEY LEVELS R: 0.600, 0.605, 0.61632 | S: 0.595, 0.590, 0.58165 NEWS 🟡 Challenger Job Cuts (USD) Thu 11:30 UTC 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK USD data releases may trigger volatility around noon UTC. Watch 0.600 resistance rejection or break for bias confirmation. PRO UNLOCKS Entry zones, stop/targets, FVG liquidity sweeps, Fib extensions—unlock with Pro subscription.

Key Levels

R: 0.60000 · 0.60500 · 1.71632

S: 0.59500 · 0.59000 · 0.58165