NZDUSD London briefing — 2026-09-01

BIAS BEARISH. Daily structure bearish; H1 EMA confirms downside bias despite H4 neutrality and RSI showing oversold conditions (34.55). KEY LEVELS R: 0.595, 0.59886, 0.6 | S: 0.59, 0.585, 0.58224 NEWS 🟡 Fed's Barr speech (13:05 UTC) | 🔴 S&P Global Manufacturing PMI (13:45 UTC) SESSION OUTLOOK Fed commentary could trigger USD volatility. Watch 0.595 resistance; break below 0.59 confirms bearish continuation into NY session.

Key Levels

R: 0.59500 · 0.59886 · 0.60000

S: 0.59000 · 0.58500 · 0.58224