AUD/JPY trying for 84.00 handle as bullish sentiment carries over from the weekend

• Risk assets kicking off the new week higher, feeding off of Friday's NFP beat.
• Aussie holiday and thin market data promises a quiet Monday session.

The AUD/JPY pair opened the new week higher, trying to make a run for it and capitalize on Friday's risk appetite, currently trading just above 83.90.

The Aussie caught a ride upwards against the Yen last Friday when a bout of risk appetite closed the week, brought on by a surprising upside beat to US Non-Farm Payrolls that saw the American economy add 313k new jobs, a solid outpacing of the 200k forecast. Risk-based assets including the AUD popped on the news to cap off a week that was rife with market stresses amidst ongoing inflation risks and fears of a trade war brewing between the US and countries that don't receive an exemption from Donald Trump's 25% steel tariff that takes effect in two weeks.

A slim week for the Aussie lies ahead data-wise, and Monday promises thin volumes with the Australian states of Victoria and Tasmania shuttered in observance of Labour Day. Early Tuesday will see Investment Lending for Homes data at 00:30 GMT, and the Australian economy could use some good news, as the continent's macro figures have been middling steadily.

Japan is also starting the week on a quiet note, with Bank of Japan (BoJ) Montary Policy Meeting Minutes arriving late on Tuesday at 23:50 GMT, and Machine Orders data for Japan will also be dropping at the same time. 

AUD/JPY Technicals

Friday helped the pair extend its recent recovery from a low of 81.48, it's lowest value in over a year, but the pair is still riding in bearish territory, and the 34 EMA is capping off potential gains from 84.54. H4 charts have been trending upwards steadily last week, but a correction may coming due, and support is thin from the previous swing high of 83.15 to the low of 81.50. Major resistance currently sits at the last swing high of 84.15, with last November's low of 84.40 overhead.