EUR/ USD Trend reversal

After a major downward movement finally it looks like there's some light on a turn of events. Seems that there is a trend reversal. If you look at a weekly chart, there is a hammer to hammer out the trend with this new trend heading up. The first target is set to near the 1.2 and after there are targets 2 and 3. It will take some weeks to unravel but there is a buying opportunity.