Currency strategists at Bank of America Merrill Lynch say to buy USD/JPY dips beginning at 98.00 and adding at 97.50 and 97.00. The target 105.80/106.00 initially and then 109.80 with a stop at 95.80.

I think the USD/JPY chart is the most interesting thing in the market right now. A break above the downtrend will spark some fireworks.