The pair has formed a twice at the , and if you have a look at , then you can see that it has been oversold both times, and it has came from a oversold position (Which we currently find us self in). If the price is rejected here, then we would see a triple bottom. Keep in mind that this support has held since 2002 .
Order is as following:
Target: 1.43 (right below fibonacci 61.8