Commentary of the EUR/USD parity :

The parity just broke its major support at 1.3450 formed by the triple bottom of the end of February and the begining of March. The break out offered us a new sell signal. We advise to trade only short positions as far as the price is below 1.3450. A pullback on this level is possible.

See the previous analysis of the EUR/USD parity of March 23, 2010