EUR/JPY slides to 125.24

EUR/JPY slides to 125.24 from earlier high of 125.73 on selling by Japan exporters for regular settlement, says trader at Japan securities house; says there was "substantial selling below 125.50." But adds pair unlikely to slide below 125.00 as ongoing Japan political uncertainty may prompt non-Japan investors to sell JPY. Tips EUR/JPY in 125.00-125.60 range, but if breaches first support at 125.00, next target 124.71. Says EUR/JPY fall weighing on EUR/USD. EUR/USD penned in 1.2675-1.2730 range, last 1.2703.