NZDUSD New York briefing — 2026-08-05

BIAS BULLISH. D1 structure firm; H4 EMA confirms upside. H1 neutral divergence warns of near-term chop, but daily bias dominates. KEY LEVELS R: 0.59087, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🟡 S&P Global Composite PMI (USD) — Wed 13:45 UTC 🟡 ISM Services Employment Index (USD) — Wed 14:00 UTC SESSION OUTLOOK PMI release may spark USD volatility. Watch 0.59 resistance for breakout conviction; hold above 0.585 to preserve bullish structure.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625