At first glance the chart looks and based on my Market Barometer forecast, I would agree with 'bearish'. That said, I will wait for a break out of the smaller (see attached chart shot). I expect a move, but every push down has been quickly corrected lately. The Market Barometer saved my bacon last night and got me out of my EURUSD with profits before the quick correction.
I'll update this post if we get a trade.