NZDUSD London briefing — 2026-10-07

BIAS BEARISH. D1 trend, H4 EMA, H1 EMA aligned downside; H4 and H1 fair value gaps confirm lower pressure. KEY LEVELS R: 0.565, 0.57, 0.58569 | S: 0.56, 0.55809, 0.555 NEWS 🟡 MBA Mortgage Applications (USD) 07 Oct 11:00 UTC 🟡 EIA Crude Oil Stocks Change (USD) 07 Oct 14:30 UTC 🟡 EIA Distillate Stocks Change (USD) 07 Oct 14:30 UTC SESSION OUTLOOK London session enters with bearish structure intact; watch support holds at 0.56. EIA events at 14:30 may trigger volatility around intermediate levels.

Key Levels

R: 0.56500 · 0.57000 · 0.58569

S: 0.56000 · 0.55809 · 0.55500