NZDUSD New York briefing — 2026-05-04

BIAS BEARISH. D1 structure dominates despite H4 bullish EMA; RSI neutral near 49 confirms lack of conviction. KEY LEVELS R: 0.595, 0.59 | S: 0.585, 0.58165, 0.58 NEWS 🟡 Factory Orders (USD) 14:00 UTC 🟡 3M/6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK Factory Orders drives volatility into NY open. Watch rejection at 0.59 resistance; break below 0.585 confirms bearish continuation. PRO UNLOCKS [Entry 0.589 | SL 0.596 | TP1 0.583 | TP2 0.578 | FVG 0.592-0.594 | Liquidity sweep 0.60 — unlock with Pro]

Key Levels

R: 0.59000 · 0.59500 · 1.71632

S: 0.58500 · 0.58165 · 0.58000