EUR/JPY has fallen 100 pips from its high close to 112.00 earlier this morning and the EUR/USD has also fallen sharply since touching its 200-hr MA at 1.2388. The Asian market does this on 9 out of 10 occasions; it ignores what happens overnight and simply resumes what it had been doing the day before. Hourly support in the EUR/JPY is fairly firm around 110.10 and resistance as mentioned earlier is at 112.05. Play the edges as usual.