• USD/JPY rallies 0.15% after early Asia dip on risk aversion fades

• Decline to 157.45 from Fri 157.64 close sees strong demand on Fed rate bets

• Steady rise to 157.98 ensues as traders brace for US mid terms on Tuesday

• Japan sees no change in US FX coordination after midterm elections-Katayama

• EUR/JPY +0.2% after falling to a 1-yr low on Fri amid Europe fiscal concerns

• Upside for pair limited on France outlook cut, Frankfurt riots and looting

• USD support 157.40-45, 157.00-05, resistance 158.00-10, 158.50-60
JPY rates

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