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AUSSIE-YEN: AUD/JPY has added a handful of pips......>

AUSSIE-YEN: AUD/JPY has added a handful of pips and last sits at Y77.25. 
- The rate jumped 173 pips Friday, drawing support from firm risk sentiment, as
well as the PBOC's decision to cut its RRR by 100bp, which aided AUD. 
- Worth noting participants will be attentive to the Sino-U.S. trade talks to be
held this week. 
- Bulls look for a return above Friday's high at Y77.30 (already breached
multiple times today) before shifting focus to the Jan 2 high at Y77.40,
followed by the 21-DMA at Y78.96. On the downside, initial resistance is located
at the Jan 2 low of Y75.99 and a break below that level would allow bears to
garner some downside momentum.

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