Commentary of the EUR/USD parity :

The parity is currently finding support on 1.33. Is the bearish movement over? All indicators are still bearish. A technical rebound is possible but the only visible resistance is at 1.3450 (pullback on the last support). We advise to stop trading short positions, waiting for a new sell signal to not take the correction against us. A break out of 1.33 will offer a new sell signal. We will then advise to trade short positions again.

See the previous analysis of the EUR/USD parity of March 24, 2010