Here's a chart showing the AUD/USD breaking down out of a rising...

Here's a chart showing the AUD/USD breaking down out of a rising wedge pattern & then backtesting the lower trend line. It has also closed slighty below the 50dMA & there is a massive H&S pattern on the MACD signal line. It will need to bounce here otherwise look to the 200dMA & long time S/R around 0.945c. As for the USD it technically is in an uptrend since the 08 collaspe making higher highs & lower lows. Here's a link to a great contrarian view on the USD.
http://seenoevilspeaknoevilhearnoevil.blogspot.com/2011/01/could-us-dollar-rise-50.html