USDJPY uptrend rally coming to en end

USDJPY after a big bull rally sees to be looking faded. it has been trading in bullish channel. also it has retraced to 110% fibo level and also a strong resistance is seen at 111.03. traders may go short in USDJPY at slighly higher price or wait for breakout channel downward with a target of 107.79 in near term.