Welcome to Explain The Charts! Today is March 6th, 2025, and we’re diving deep into the NZDUSD currency pair, combining the latest news with technical chart analysis to give you a comprehensive market overview. We’ll explore recent events, forecasts, and technical levels to watch. First, we’ll dissect the headlines, including China’s stimulus promises and the potential impact of Adrian Orr’s resignation as Reserve Bank of New Zealand Governor. We’ll also examine the kiwi’s performance amid broad-based USD weakness, and we will also cover the Reuters poll expecting modest rises in New Zealand home prices following a decline in 2024. Then, we’ll move to the charts, analyzing trends, support and resistance levels, and key price points. Whether you’re bullish or bearish, we’ll provide an unbiased assessment of the market and equip you with the knowledge to make informed trading decisions. We’ll also re-cap key price levels, the likelihood of these levels happening, and upcoming events to look out for.
The charts shown are provided by TradingView.
This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
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