I'm not familiar with the fundamentals of these two nations, but by reading the price action my bias is with the bulls. The market has been ranging for quite some time now. Also if you analyze the pair you can spot the inverse H&S pattern.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.