NZDUSD London briefing — 2026-05-13

BIAS BEARISH — D1 structure confirms downside despite neutral intraday EMAs; RSI neutral supports range. KEY LEVELS R: 0.595, 0.6 | S: 0.59, 0.585, 0.58165 NEWS 🟡 MBA Mortgage Applications (USD) 11:00 UTC 🟡 Producer Price Index MoM/YoY (USD) 12:30 UTC SESSION OUTLOOK PPI data at 12:30 UTC could trigger volatility. Watch for rejection at 0.595 resistance; support holds bias toward 0.59. PRO UNLOCKS [Pro access reveals: precise entry zones, SL placement, TP targets, FVG sweep levels, Fibonacci confluence points, and liquidity structures]

Key Levels

R: 0.59500 · 0.60000 · 1.71632

S: 0.59000 · 0.58500 · 0.58165