Eoin Treacy's view US Dollar Per 1 Australian Dollar – finds support in the region of the lower side of its two-year range and some short covering appears to be underway. A clear downward dynamic would be required to check current scope for a further unwinding of the short-term oversold condition.

South African Rand per 1 US Dollar – encounters resistance in the region of the ZAR10 and a clear upward dynamic would be required to question current scope for a further unwinding of the short-term overbought condition.

Philippines – posts its largest reaction in more than a year to confirm mean reversion is underway.

Thailand – posted a downside weekly key reversal two weeks ago and failed to sustain the breakout to new highs as it continues to extend the decline. It will need to find support above or in the region of 1450 if the medium-term upside is to continue to be given the benefit of the doubt.