NZDUSD New York briefing — 2026-05-15

BIAS BEARISH — RSI deeply oversold (21.09), H1 bearish EMA confirms downside momentum despite D1 neutrality. KEY LEVELS R: 0.585, 0.59, 0.5963 | S: 0.58165, 0.58, 0.575 NEWS 🟡 Industrial Production (MoM) — Fri 13:15 UTC 🔴 Capacity Utilization — Fri 13:15 UTC 🔴 Baker Hughes Oil Rig Count — Fri 17:00 UTC SESSION OUTLOOK USD weakness data may spark relief rallies, but oversold RSI limits upside. Watch support holds at 0.58165 for continuation. PRO UNLOCKS Entry 0.5825 | SL 0.5865 | TP1 0.5785 | TP2 0.575 | FV

Key Levels

R: 0.58500 · 0.59000 · 1.71632

S: 0.58165 · 0.58000 · 0.57500