NZDUSD London briefing — 2026-11-06

BIAS BEARISH. Trend vote (D1+H4+H1 combined), H4/H1 fair value gaps, and RSI oversold at 29.94 drive bearish pressure. KEY LEVELS R: 0.56, 0.565, 0.57111 | S: 0.5555, 0.555, 0.55 NEWS 🔴 Average Hourly Earnings MoM/YoY (USD) – Fri 13:30 UTC 🟡 Fed Williams speech – Fri 09:30 UTC SESSION OUTLOOK London opens into bearish structure with oversold conditions. Earnings data late-session could trigger USD volatility; watch support holds through morning momentum.

Key Levels

R: 0.56000 · 0.56500 · 0.57111

S: 0.55550 · 0.55500 · 0.55000