NZDUSD London briefing — 2026-07-29

BIAS BEARISH. Daily structure bearish; RSI neutral at 51 avoids overbought trap; H1/H4 EMA divergence signals caution but doesn't flip the downtrend. KEY LEVELS R: 0.585, 0.5873 | S: 0.575, 0.57437, 0.57 NEWS 🔴 Fed Interest Rate Decision (Wed 18:00 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) 🟡 MBA Mortgage Apps (Wed 11:00 UTC) SESSION OUTLOOK Fed decision post-London will drive volatility. Watch lower support hold into US open; breakbelow 0.575 confirms bearish thesis. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets—unlock with Pro subscription.

Key Levels

R: 0.58000 · 0.58500 · 0.58730

S: 0.57500 · 0.57437 · 0.57000