Have a sell bias on AUDUSD currently, price has formed a Head + Shoulders pattern on the daily which is a clear sign of reversal , price also broke out of the uptrend and has formed a lower high after rebounding off psychological level 0.8000, price failed to break the highs on the weekly and dollar has regained some strenght, only interested in entering this trade if price retraces and retests the neckline on the 1hr chart which also lines up perfectly with the 0.618 fib level.