NZDUSD London briefing — 2026-06-05

BIAS NEUTRAL. H1 bearish EMA conflicts with D1 neutral structure and bullish bias; RSI at 34.66 lacks conviction. Mixed signals demand caution. KEY LEVELS R: 0.59, 0.595, 0.59937 | S: 0.585, 0.58154, 0.58 NEWS 🔴 Average Hourly Earnings (MoM/YoY) – Fri 12:30 UTC 🟡 Average Weekly Hours – Fri 12:30 UTC SESSION OUTLOOK US labour data at London close may trigger volatility around 0.59 resistance. Watch price reaction; H1 weakness suggests downside risk if data disappoints. PRO UNLOCKS Unlock multi-timeframe entries, exact SL zones, FVG targets & liquidity sweep levels with FXBias Pro.

Key Levels

R: 0.59000 · 0.59500 · 0.59937

S: 0.58500 · 0.58154 · 0.58000