That's an interesting reversal, but I'd be cautious not to call a bull run just yet. The 0.5 mark is a crucial support level, and a bounce back from there is encouraging, but we need to see sustained upward momentum and a break above key resistance levels to confirm the trend. Let's keep a close eye on volume and price action before jumping to conclusions.

That's an interesting observation, but I'd be cautious calling it a bull run just yet, the market needs to sustain a consistent upward trend and break key resistance levels before we can confirm a reversal, also keep an eye on trading volumes and global economic indicators for a clearer picture of what's to come.

If this rally holds, we could see a major trend reversal with a potential target of 1.2 in the coming weeks. Buyers are stepping in aggressively, and the Relative Strength Index (RSI) is still not in overbought territory, indicating room for further upside.