NZDUSD New York briefing — 2026-05-19

BIAS BEARISH. D1 structure + aligned H4/H1 EMAs confirm downtrend despite neutral RSI. KEY LEVELS R: 0.585, 0.59, 0.5991 | S: 0.58208, 0.58, 0.575 NEWS 🟡 Pending Home Sales (MoM/YoY) 14:00 UTC 🔴 Redbook Index (YoY) 12:55 UTC SESSION OUTLOOK Watch Redbook print early; softer retail data supports bearish momentum. Breaks below 0.58208 target next support. PRO UNLOCKS Entry 0.5839, SL 0.5858, TP1 0.58, TP2 0.575 — liquidity sweep 0.585 resistance zone

Key Levels

R: 0.58500 · 0.59000 · 0.59910

S: 0.58208 · 0.58000 · 0.57500