The Australian dollar has continued its upside movement versus its US counterpart, as the expectations indicate that the Australian trade balance to record a surplus by A$500 million in March, increasing the demand on the higher yielding assets such as the Aussie.

The AUD/USD pair surged on Monday session, which recorded a high of 1.0811 and a low of 1.0707, while the momentum indicators give buying signs.

On the other hand, the NZ dollar increased as the labor market in New Zealand is rebounded this period after the business and job opportunities are surging the economic growth in the New Zealand nation.

The NZD/USD pair advanced during Monday's session after recorded the highest level at 0.7958 and the lowest level at 0.7885.