I found broken 3-days bearish flag and I am short on USD/JPY from 110.20. My advice is to watch for selling opportunities with a target at 109.15. There is also small head and shoulders formation, which is another sign of weakness.
@stak, It looks bearish to me on the longer frame. Key pivotal point in the short term is level around 108. Anyway, near term pivotal point is 109.15. It depends on news and fundamental aspect as well.