NZDUSD New York briefing — 2026-08-12

BIAS BEARISH. D1 structure bearish; H1 EMA confirms downside despite RSI neutral at 37.18—price respecting lower timeframe momentum. KEY LEVELS R: 0.59087, 0.595 | S: 0.585, 0.58, 0.57625 NEWS 🟡 EIA Crude Oil Stocks (14:30 UTC) 🟡 USDA WASDE Report (16:00 UTC) 🟡 10-Year Note Auction (17:00 UTC) SESSION OUTLOOK Watch support hold at 0.585 into auction. USD strength from note demand may extend NZDUSD lower if equities weaken.

Key Levels

R: 0.59000 · 0.59087 · 0.59500

S: 0.58500 · 0.58000 · 0.57625