NZDUSD London briefing — 2026-08-04

BIAS BULLISH — D1 structure bullish, H4 EMA bullish support conflicted by H1 neutral and RSI mid-range; daily bias holds. KEY LEVELS R: 0.59087, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🟡 Goods Trade Balance (USD) 12:30 UTC 🟡 Goods and Services Trade Balance (USD) 12:30 UTC 🟡 Redbook Index YoY (USD) 12:55 UTC SESSION OUTLOOK London opens with three low-impact USD data points clustered mid-session. Watch price reaction near 0.59 resistance; breaks above confirm bullish continuation.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625