Oversold stock is always interesting. To try this forecast might be not bad. I just using a breakout technique that requires the verifying of two proper conditions. First is the rising breakup of resistance 27.45 on monthly chart. Second is the close of monthly green candle , that has broken the resis, above resistance quoted. Chart sent is weekly.
Weekly and monthly chart don't have clear signals just lateralization
Short hike might be considered at around 280.68 to 274.90 for 6 points. Therefore a continuation of the Long is expected up to around 280.68 due to the bullish break of the resistance level set at 268.28
I'm bearish on EURUSD. weekly and montly chart confirmation!
May be . TGT to sell : 166.63 to 156.97. This is a monthly forecast. Chart: weekly.
It should see again around 14000 .
For the long run.......... analysis on Monthly chart.
Looks like headed to 5808. At least +9%