USD/JPY Approaches Key Trend Line Following Recent Rebound

USD/JPY has shown a notable recovery after touching a low at 146.50 recently. Analysts from Sociéte Générale report that this price action suggests a potential bullish reversal as the currency approaches a critical descending trend line.

Traders are keenly observing this pair as it may signal important movement in the forex market. A breakthrough above this trend line could ignite greater momentum for USD/JPY. Investors should carefully monitor these developments as they unfold.