NZDUSD New York briefing — 2026-07-16

BIAS BULLISH, but RSI overbought at 73 warns of pullback risk despite aligned EMA bullish setup and strong daily structure. KEY LEVELS R: 0.58632 | 0.59 | 0.595 | S: 0.585 | 0.58 | 0.56318 NEWS 🟡 Pending Home Sales (MoM) – Thu 14:00 UTC 🔴 Business Inventories, NAHB Index – Thu 14:00 UTC SESSION OUTLOOK NY open will face USD data cluster. Watch 0.58632 resistance for confirmation; overbought conditions favor consolidation or minor pullback to 0.585 support before continued upside. PRO UNLOCKS [Entry zone 0.5852–0.5863 | SL 0.5818 | TP1 0.5890 | TP2 0.5

Key Levels

R: 0.58632 · 0.59000 · 0.59500

S: 0.58500 · 0.58000 · 0.56318