We have been talking about AUD strength for a while now, seasonally the market is coming into a strong period and being at the key support level we expected a move higher. Looking at the market technically we bounced from the key support of 78.70 and have recently seen the market break structure resistance forming a higher high. This is crucial in looking for the market to move higher. Structure resistance should now become support at 80.40. Look for targets at the key resistance at 81.80.