NZDUSD New York briefing — 2026-05-05

BIAS BULLISH. H4 EMA bullish structure overrides neutral D1 and RSI per hierarchy; price holding above 0.585 support. KEY LEVELS R: 0.59, 0.595 | S: 0.585, 0.58165, 0.58 NEWS 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🟡 S&P Global Services PMI (USD) 13:45 UTC 🔴 Redbook Index 12:55 UTC SESSION OUTLOOK PMI prints drive USD momentum into US data window. Watch 0.59 resistance for breakout confirmation or rejection back to support. PRO UNLOCKS Entry 0.5887 | SL 0.5815 | TP1 0.59 | TP2 0.595 | FVG 0.587–0.588 —

Key Levels

R: 0.59000 · 0.59500 · 1.71632

S: 0.58500 · 0.58165 · 0.58000