NZD/USD testing 0.82 for the third day in a row

For the past 3 days pair has been trying to advance above 0.82. Although pair is unlikely to advance far above this level or even breach this level, it should be kept close to this level by Fibonacci retracement (38.2% of 5th of September— 14th of September move)/weekly pivot point at 0.8185/78.

After hovering above a 70% mark for more than a week, amount of traders holding short positions on the pair dropped below the mentioned level (65% today). However, as amount of pending orders remain around 60%, 57% today) we should not see any other major changes in the future.