NZDUSD London briefing — 2026-08-28

BIAS NEUTRAL — H4 EMA bullish conflicts with H1 neutral and D1 neutral structure; RSI 51.99 lacks directional conviction. KEY LEVELS R: 0.59886, 0.6, 0.605 | S: 0.595, 0.59, 0.58224 NEWS 🔴 Fed Chair Warsh speech 14:00 UTC 🟡 Chicago PMI 13:45 UTC 🟡 Michigan Consumer Expectations 14:00 UTC SESSION OUTLOOK Warsh speech and Michigan data clash timing risk. USD reaction will define directional bias; watch 0.59886 resistance for break confirmation.

Key Levels

R: 0.59886 · 0.60000 · 0.60500

S: 0.59500 · 0.59000 · 0.58224