Confirmation of the Euro trend reversal?

It seems like the Euro has finally bottomed a few days ago, and today might be just the confirmation I was hoping to get: it's the first time that the markets drop quite nicely, but the EUR rises against most currencies, including the USD. It might mean that short covering is starting.

Although I'm in the money with my short USD, the timing wasn't perfect - but I was lucky enough to have entered a short CAD position at about the rock bottom levels a couple of weeks ago, and enter a small short AUD position yesterday. Now, the difficult part, riding the trend as much as possible without missing the reversal, starts.