USDJPY Falls After Weak NFP Delays Rate Hike ExpectationsUSD/JPYOANDA:USDJPYPureFX_USDJPY dropped sharply after the US Non-Farm Payroll (NFP) report came in at 57K, far below the 114K forecast. A weaker labor market reduces the chances of the Federal Reserve raising interest rates anytime soon, which puts pressure on the US dollar. After the news, price broke below a key support zone, turning it into new resistance. As long as sellers continue defending this area, I'm looking for a move toward the next demand zone around 160.70. Target: 160.70 zone ⚠️ This move is driven by high-impact news, so expect volatility. Wait for confirmation before entering and always manage your risk.