NZDUSD London briefing — 2026-06-16

BIAS BEARISH. H4 EMA bearish, RSI neutral at 42.95, but H1 EMA neutral creates conflict; D1 structure neutral supports caution. Directional edge modest. KEY LEVELS R: 0.585, 0.59, 0.59937 | S: 0.58, 0.57703, 0.575 NEWS 🟡 ADP Employment Change 4-week avg (USD) 12:15 UTC 🟡 Building Permits MoM (USD) 12:30 UTC SESSION OUTLOOK US data mid-session may trigger USD volatility. Watch 0.58 hold; break below opens 0.57703 test. H1/H4 divergence narrows conviction. PRO UNLOCKS Entry zones, SL placement, TP clusters, liquidity sweeps, FVG alignment — unlock with Pro subscription.

Key Levels

R: 0.58500 · 0.59000 · 0.59937

S: 0.58000 · 0.57703 · 0.57500