The AUD/JPY continues its decline, now hovering around 90.40 during the Monday trading session in Europe. The Japanese Yen has gained strength due to increasing expectations that the Bank of Japan will follow through with interest rate hikes. Traders in the AUD/JPY pair should remain cautious and ready to adjust their strategies as market sentiments evolve with this emerging trend. Observing central bank communications will be crucial for understanding future directions in this currency pair.