NZDUSD London briefing — 2026-08-17

BIAS BULLISH. H1/H4 EMAs aligned upward; RSI overbought signals momentum strength, not reversal yet. Daily structure neutral keeps risk balanced. KEY LEVELS R: 0.59241 | 0.595 | 0.6 | S: 0.59 | 0.585 | 0.57626 NEWS 🟡 Empire State Manufacturing (12:30 UTC) 🟡 NAHB Housing Index (14:00 UTC) 🟡 3-Month Bill Auction (15:30 UTC) SESSION OUTLOOK London opens into mild USD data. Watch Empire State reaction; weakness supports NZDUSD continuation toward 0.595. Overbought conditions demand discipline near resistance.

Key Levels

R: 0.59241 · 0.59500 · 0.60000

S: 0.59000 · 0.58500 · 0.57626