Current levels are at 6-year lows against the dollar and it will be interesting to see what happens as we approach 6.80-6.85 as this was the line in the sand for about two years from 2008 to 2010.  All in all, however, it seems that the continuation of the devaluation that we have been waiting for is officially back on. So assuming that many of the strong relationships that have been in place the last several years hold, what should investors be mindful of?

Starting off with commodities, copper could be ready to take another leg lower and take out 2016 lows. Also, the current price of oil looks high.