NZDUSD London briefing — 2026-06-03

BIAS BULLISH. RSI oversold at 29.8 signals reversal potential; D1 neutral structure offers room to run; H1/H4 divergence requires confirmation on break above 0.595. KEY LEVELS R: 0.595, 0.59937, 0.6 | S: 0.59, 0.585, 0.58154 NEWS 🔴 ADP Employment Change 12:15 UTC 🟡 Fed's Barr speech 13:00 UTC 🟡 MBA Mortgage Applications 11:00 UTC SESSION OUTLOOK ADP and Barr speech dominate London mid-session. Watch for USD strength to cap NZDUSD rally; oversold bounce into resistance is the near-term play. PRO UNLOCKS Exact entries, SL, TP1/TP2, FVG zones, liquidity sweeps, Fibonacci targets—

Key Levels

R: 0.59500 · 0.59937 · 0.60000

S: 0.59000 · 0.58500 · 0.58154