Week of 05/03-09/03 AUDUSD at a critical point of strong support

AUDUSD was trading at the end of last week at a very important market structure. This area at 0.7750 was very important support/resistance in the past so we may expect a strong move up after the price has already tested this level. For this week we anticipate a high probability bullish move at least to the Monthly Resistance 1 line at 0.7965.