AUD/JPY has fallen quite sharply in the first half hour of twilight zone trade, down from 79.75 to 79.05. The AUD market remains long especially on the crosses, and falls will continue to be sharp whilst this situation remains.
There is major support looming in the AUD/USD at .8575 and a clear break below could set off another wave of AUD selling. The next major AUD/JPY target is the spike low at 77.00.
