Currencies…OR Pattern Alert…Risk On

CAD/JPY
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AUD/CHF
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GBP/USD
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Canadian DollarInline image 5

CopperInline image 4

Mexican peso is working on the same pattern.
Brazilian Real is putting in a bottoming pattern as well. 

Gold…this wants to trade the 200DMA @ 1135 for a start.
It’s doubtful if it can back off 5 dollars from here. 

Trailing stops are @ today’s low. 

Oil has set a lot of things in motion putting the commodity currencies and metals into rally mode. 

The currency patterns are reflective of a risk on board.

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