NZDUSD London briefing — 2026-08-07

BIAS NEUTRAL — H4 bullish vs H1 neutral vs D1 bearish creates conflicting signals; RSI at 47.75 shows no directional conviction. KEY LEVELS R: 0.59087, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🔴 Average Hourly Earnings MoM (USD) — Fri 12:30 UTC 🔴 Average Hourly Earnings YoY (USD) — Fri 12:30 UTC 🟡 Average Weekly Hours (USD) — Fri 12:30 UTC SESSION OUTLOOK US jobs data at 12:30 UTC will drive volatility; watch reaction at 0.59 resistance. Range-bound until data clarity.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625