* EUR (-0.3%) whipsaws on mixed U.S. payrolls, range = 1.0544-1.0630
* Bears emboldened by false break of 1.06
* Resistance now set at 1.0630. Close above would reduce bearish lean
* Dec cut odds rise, but markets stick with one cut over next two meetings
* Fed's Hammack "Fed at or near time to slow pace of rate cuts"
* Support = 1.0534 (200HMA), 1.05 (psyhological)
For more click on
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(Justin McQueen is a Reuters market analyst. The views expressed are his own.)
((justin.mcqueen@thomsonreuters.com))
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