short @ 1.2165 based on daily chart. stop area around 1.2248; limit area around 1.2000. like my aud/jpy trade from yesterday i believe there is a hint of further downward follow through on this. worst case scenario, it will bounce off of 1.2100 area support showing a inability to go down any further...in which case i would cover my position at a small gain/loss and call it a day.