While there isn't much room for a short holding in terms of leverage, there is still a potential 3% gain the following weeks. However, for a long time HODL strategy (though more risky), has the potential for higher ROI. This is one of the most popular trading pairs in Forex in terms of demand. Also in its entire history, the correlation been mostly positive. It is rebounding one of its original runs. The last month and day was profitable, though it had a negative quarter and year. This is why I am a neutral position where I see potential for a short, but also a long run bullish if you are a risk taker. I personally like quick returns, and the idea of automating wave, trend analysis as well as buy/sell indications.