FX:USDJPY   U.S. Dollar / Japanese Yen

USDJPY showing a good SHORT set up as the price is reaching the 200 SMA which shows a good entry for short position. it is a strong resistance at the 110.883 area which shows a lot of rejections at this point, not setting SL too high as its only 22 pips and the TP at only 37 pips at the 0.618 fib retracement level