Osmosis update functionality

Hey community,

a little question:

If I have a local server with an local OSM database with for example an dump of Europe.osm and I make local changes to a way with id = 3.
Now someone make changes on the official osm database to the way with id = 3.
My change was the name of the street. The change of the other user was the type of the street. (Only an example)

I want to merge these informations on my local server without loosing my local changes but getting the change of the type of street.

Is this possible with osmosis?

Best regards,