NZDUSD New York briefing — 2026-08-21

BIAS BULLISH. H4/H1 EMAs aligned upward; RSI overbought signals momentum continuation rather than reversal risk given daily structure remains neutral. KEY LEVELS R: 0.59886, 0.6, 0.605 | S: 0.595, 0.59, 0.58224 NEWS 🔴 S&P Global Manufacturing PMI (USD) – Fri 21 Aug 13:45 UTC 🔴 S&P Global Services PMI (USD) – Fri 21 Aug 13:45 UTC 🟡 S&P Global Composite PMI (USD) – Fri 21 Aug 13:45 UTC SESSION OUTLOOK PMI data drives USD volatility into NY open. Watch 0.59886 resistance; break confirms bullish extension, hold triggers pullback to 0.595 support.

Key Levels

R: 0.59886 · 0.60000 · 0.60500

S: 0.59500 · 0.59000 · 0.58224