NZDUSD New York briefing — 2026-08-28

BIAS BEARISH. H1 EMA bearish while H4 neutral creates downside pressure; RSI 42.64 lacks bullish conviction, and D1 structure offers no support rally. KEY LEVELS R: 0.595, 0.59886, 0.6 | S: 0.59, 0.585, 0.58224 NEWS 🔴 Fed Chair Warsh speech 14:00 UTC 🟡 Chicago PMI 13:45 UTC 🟡 Michigan Consumer Expectations 14:00 UTC SESSION OUTLOOK Fed rhetoric drives USD volatility into NY close. Watch 0.595 rejection—break below 0.59 accelerates bearish structure toward 0.585.

Key Levels

R: 0.59500 · 0.59886 · 0.60000

S: 0.59000 · 0.58500 · 0.58224