• NZD/USD +0.4% from Wed 0.58605 low despite the concerning unemployment trend

• Wed's 5.6% NZ Q2 HLFS unemployment the highest in more than ten years

• Futures pricing still implying an 86.8% probability of a Sep RBNZ hike

• Brent crude below $80 a barrel for 2nd-consecutive day on Iran peace hopes

• Market focus moves to U.S. Jul non-farm payrolls due Fri (poll +80k)

• NZD targeting 0.5990 resistance, but break below 0.5850 will signal reversal

• Range NZ 0.58845-891, support 0.5850 0.5627, resistance 0.5990-95 0.60925
NZD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)