NZDUSD London briefing — 2026-08-06

BIAS BEARISH — D1 structure confirms downtrend; H4 EMA bullish conflicts with H1 neutral and RSI 49.56 (no momentum conviction), but daily structure dominates. KEY LEVELS R: 0.59087, 0.59, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🟡 Challenger Job Cuts (USD) 11:30 UTC 🟡 Initial Jobless Claims (USD) 12:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK US jobs data may trigger volatility around noon UTC. Watch if price respects 0.585 support or breaks lower toward 0.58; resistance at 0.59 caps upside.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625