AUDUSD rebounded from 0.7955 after touching the bottom support trend line of the price channel on the 4-hour chart, indicating that the pair remains in the uptrend from 0.7807. As long as the price is in the channel, the fall from 0.8124 could be treated as consolidation of the uptrend, and a break above 0.8050 resistance could trigger another rise towards 0.8162. Near term support is at 0.7955, only a breakdown below this level could signal completion of uptrend, then then the following downside movement could bring back towards 0.7807.
