This pair ranges between 2.0500 and 1.6000 levels since Sept 2017 as indicated by the monthly chart. Therefore, directional Bias is selling near the highs and buying near the low with confirmation from lower time frames.
**Weekly Chart**
The weekly directional bias has been bullish since Sept 2022.
**Daily Chart**
The pair has been moving in a smaller range since end of Sept 2023. It created good trading opportunities for both sells and buys near extreme points.