The AUD/USD pair did very little on Monday, as we continue to meander just above the uptrend line that has been so supportive on the longer-term charts. Beyond that, we also have the 0.75 level just below, and that of course is a large, round, psychologically significant number. I’m currently on the sidelines when it comes to the Australian dollar, but I do recognize that the gold markets or falling apart. I will continue to look at this pair at the end of the day every day until we get a definitive signal one way or the other.
![AUD/USD Forecast November 15, 2016, Technical Analysis](http://c86cb244b7aa82d722df-bc886d861d799bf6b58e79429d5ca9ac.r8.cf2.rackcdn.com/www.fxempire.com/wp-content/uploads/2016/11/audusd-8.jpg)