USD/JPY consolidates after sharp post-NFP drop on smaller Fed hikes bets

Closes 0.17% lower Monday after trading in a 132.68-131.31 range

Upside capped by declining U.S. yields as traders bet on a Fed pivot

Caution ahead of Powell speech Tuesday limits downside

U.S. CPI Thursday key this week, will determine size of next Fed rate hike

Tokyo inflation data Tue eyed, may trigger a further BOJ hawkish shift

Support 131.30-40, 130.75-80, resistance 132.30, 132.60-70

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