NZDUSD London briefing — 2026-08-20

BIAS NEUTRAL. RSI overbought (71.82) conflicts with aligned bullish EMAs (H4/H1); D1 structure offers no directional conviction. Momentum exhaustion vs. trend alignment creates genuine ambiguity. KEY LEVELS R: 0.5957, 0.6, 0.605 | S: 0.595, 0.59, 0.58224 NEWS 🟡 Initial Jobless Claims (USD) — Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) — Thu 12:30 UTC 🟡 4-week Avg Claims (USD) — Thu 12:30 UTC SESSION OUTLOOK USD data may trigger volatility around 0.5957 resistance. Watch whether claims prints cool or heat; weaker USD supports NZD, stronger USD tests 0.595 support.

Key Levels

R: 0.59570 · 0.60000 · 0.60500

S: 0.59500 · 0.59000 · 0.58224