NZDUSD London briefing — 2026-09-16

BIAS BEARISH. H4 and H1 EMAs aligned downtrend; D1 structure confirms lower; RSI at 36 offers room to fall without oversold extremes. KEY LEVELS R: 0.58, 0.585, 0.59662 | S: 0.575, 0.57368, 0.57 NEWS 🟡 MBA Mortgage Applications (USD) 11:00 UTC 🟡 Export Price Index MoM/YoY (USD) 12:30 UTC SESSION OUTLOOK London opens with weak USD data flow. Watch 0.575 support hold; break below triggers 0.57368 test. Resistance at 0.58 caps rallies.

Key Levels

R: 0.58000 · 0.58500 · 0.59662

S: 0.57500 · 0.57368 · 0.57000