The down trend is probably over, but there's still resistance up ahead. The last swing down didn't make much progress below the prior swing low. So a small move down and a retest of the long-term bear trend line is likely to happen with a switchback bounce off of it, unless the developing short-term up trend prevails now and breaks through the level of 0.925 without looking back. Generally, it looks bullish to me, but not bullish enough to go long A61!, unless against the JPY or the CAD.