NZDUSD London briefing — 2026-07-16

BIAS BULLISH. EMA alignment (H4/H1) + daily structure confirm uptrend, despite RSI overbought at 73—pullback risk exists but bias remains higher. KEY LEVELS R: 0.59, 0.595, 0.58632 | S: 0.585, 0.58, 0.56318 NEWS 🟡 Initial Jobless Claims (USD) 12:30 UTC 🔴 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK Watch USD reaction to claims data at London open. Weakness risks NZD strength; resilience keeps bull bias intact toward 0.59. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG confluences, liquidity sweeps—unlock with Pro subscription.

Key Levels

R: 0.58632 · 0.59000 · 0.59500

S: 0.58500 · 0.58000 · 0.56318