NZDUSD New York briefing — 2026-05-07

BIAS BULLISH — D1 structure + aligned H4/H1 EMAs confirm uptrend despite RSI overbought reading. KEY LEVELS R: 0.600, 0.605, 0.61632 | S: 0.595, 0.590, 0.58165 NEWS 🟡 Construction Spending (MoM) Thu 14:00 UTC 🟡 EIA Natural Gas Storage Thu 14:30 UTC SESSION OUTLOOK Watch 0.600 resistance; USD data could trigger volatility. Momentum remains bullish into New York but overbought conditions warrant caution near weekly highs. PRO UNLOCKS Entry 0.59850 | SL 0.5900 | TP1 0.6025 | TP2 0.6055 | FVG 0.5965–0.5985 — Pro members unlock full analysis.

Key Levels

R: 0.60000 · 0.60500 · 1.71632

S: 0.59500 · 0.59000 · 0.58165