EURNZD Analysis:
EURNZD is moving in the Descending channel and the market has reached the lower high area of the channel.
New Zealand is currently in the midst of a food shortage. Vegetable and dairy products are in short supply, which has caused them to significantly increase in value. This resulted in New Zealand food prices being at the highest level in 13 years.
EURNZD is moving in the Descending channel and the market has reached the lower high area of the channel.
New Zealand is currently in the midst of a food shortage. Vegetable and dairy products are in short supply, which has caused them to significantly increase in value. This resulted in New Zealand food prices being at the highest level in 13 years.