AlgoVenture

Dollar Short - Short-term Downward Pressure

Short
TVC:DXY   U.S. Dollar Index
Since the dollar break below the H1 rising trendline, the price has retraced and got resisted near the bottom of the rising trendline.
During the ECB press conference, the dollar has chosen its side and fell further.
If you are holding on to selling trade such as USDCHF or USDJPY, or log trade such as gold and EURUSD, it would be pretty positive to hold your trade further as the dollar is expected to fall further.
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