NZDUSD London briefing — 2026-07-08

BIAS NEUTRAL — RSI overbought at 81.52 conflicts with bullish D1 structure; H4/H1 EMA divergence signals momentum exhaustion despite uptrend. KEY LEVELS R: 0.575, 0.58, 0.58638 | S: 0.57, 0.565, 0.5627 NEWS 🟡 MBA Mortgage Applications 11:00 UTC 🟡 Wholesale Inventories 14:00 UTC 🟡 EIA Crude Oil Stocks 14:30 UTC SESSION OUTLOOK Watch rejection at 0.575 resistance; pullback toward 0.57 likely given overbought conditions. Low-impact data allows price action to dominate. PRO UNLOCKS Entry/SL/TP, FVG zones, liquidity sweep levels — unlock with Pro

Key Levels

R: 0.57500 · 0.58000 · 0.58638

S: 0.57000 · 0.56500 · 0.56270