Surprisingly, the EUR / USD pair did not react in any way to the disastrous reports on unemployment in the US last Thursday and Friday. It seems that the major players are in complete disarray, due to the current crisis in the economy, and the huge injections of money from the Fed, the ECB and the governments.

Nevertheless, we are ready to sell euro at the break of 1.0635 downwards, and buy euro at the break of 1.1040 upwards.