Looking at the indicators such as the and also on the Weekly chart, the looks as if it's heading towards the 30 mark and the is already below 20. If the gets below 30 (Oversold Zone) and then the blue line crosses the and is now on top of the red line then expect that it would go up.
Keep a look out for the and though when it gets to around 1.20850 as it could show signs of reversing. Other than that guys it looks like a good long term buy or pattern.
You could place shorter terms trades on M15 in between to make money as the market moves around