NZDUSD London briefing — 2026-10-23

BIAS BULLISH. Daily structure, H4 and H1 EMA alignment, plus dual timeframe fair value gaps drive upside. KEY LEVELS R: 0.57111, 0.575 | S: 0.5566, 0.56, 0.565 NEWS 🔴 S&P Global Manufacturing PMI (USD) — 13:45 UTC 🔴 S&P Global Services PMI (USD) — 13:45 UTC 🟡 S&P Global Composite PMI (USD) — 13:45 UTC SESSION OUTLOOK US PMI data at London's close may trigger volatility; watch resistance holds. Price near 0.57 offers asymmetric risk into the event.

Key Levels

R: 0.57000 · 0.57111 · 0.57500

S: 0.56500 · 0.56000 · 0.55660