is extremely oversold and also, this is called "extreme divergence". Price should make a correction to release this divergence very soon.
Looking at price history we had a rally at this levels.
I saw this scenario many times. News in this case act as catalyst to release the divergence. Last days we had this scenario on AUDNZD and EURGBP .
This potential trade is RISKY because the reaction to the news is unexpected. I rely only on my own experience observing price at this levels and before the news.