| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The Australian Dollar began appreciating against the New Zealand Dollar since the beginning of April. The exchange rate bounced off the lower border of a dominant descending channel on April 11 and has since hit a seven-month high level near the 1.1004 mark.
The currency pair reached its high mark during the first part of Tuesday's trading session. Moreover, the pair has breached the upper boundary of the dominant pattern and the monthly pp at 1.0934.
Technical indicators both on the smaller and the larger time-frame suggest that bulls are likely to grow stronger during the following trading session.