Luckily there are some good bids in USD/JPY between 79.60/70 to add some liquidity as the selling in EUR/JPY is reportedly heavy. The 1.2975 support lasted all of 2 minutes and the EUR/USD looks very vulnerable in thin market conditions.
Edit on technicals: The 61.8% retracement of 1.2630/1.3485 comes in near 1.2955.
