NZDUSD London briefing — 2026-08-19

BIAS BULLISH — Daily structure bullish; RSI neutral (41.95) leaves room upside; H1/H4 EMA divergence requires confirmation above 0.59. KEY LEVELS R: 0.5926, 0.595, 0.59 | S: 0.58224, 0.585, 0.58 NEWS 🟡 MBA Mortgage Applications 11:00 UTC | 🟡 EIA Crude Oil & Distillate Stocks 14:30 UTC SESSION OUTLOOK London open may test 0.59 resistance. Low-impact data unlikely to derail structure; watch for breakout confirmation.

Key Levels

R: 0.59000 · 0.59260 · 0.59500

S: 0.58500 · 0.58224 · 0.58000