NZD has been big disappointment since Feb gone through manipulation and now supply of milk to the market will decrease due to floods in NZ. Some hope for NZD recovery on its way.
Supply and Demand
Eventually there will be lower supply of milk to the market. Lower the supply higher the price of milk.
There will be a higher demand as the milk availibility to the market will be less and hence Higher the Demand higher the value of NZD gets..
New Zealand is a major country doing Diary Exports.
So I would be loving to get NZD buy opportunities GL.