• USD/JPY up 0.1% in Asia after closing 0.35% lower on Friday

• Soft July U.S. jobs report, fading Fed hike bets weigh on USD

• Sep Fed hike odds fall to 44% from 55% before jobs data

• USD drops to 156.68 after data but recovers as yen bears regroup

• Japan fiscal concerns, gradual BOJ tightening limit JPY gains

• Some in BOJ saw need for faster pace of rate hikes-July meeting summary

• Investors likely to keep testing Tokyo's resolve on yen intervention

• Traders cautious ahead of Japan's Tuesday holiday as trading volume thins

• Resistance 158.10-15, 158.55-60, support 157.30-40, 156.70-80

• Friday range 156.68-158.57, Asia 157.60-158.14
JPY:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)