Comments on the chart
Komen:
The events of today ought to have led to a fall in this pair but the markets did a 'buy the rumour sell the fact' action today. Price took off to the upside and the idea is being threatened in a big way. price above 7750 will negate this idea
Komen:
generalized $ weakness is threatening this idea. A close above .7750 will kill of this idea
Komen:
Price is still holding near the top of the channel. I am still bearish