I will be longing NZDUSD for the following reasons:
1) It has been on an uptrend creating Higher Highs and Lower Highs since November 17
2)It broke a significant daily trend line dating back to September. It also retested it and continued upwards
3)It is sitting on a trendline that has been respected twice possibly 3 times with this one.
4)From low to high the Fib indicates that it has hit 61.8% great area to come back up and hit -27% which has another key trendline passing through.
The risk is minimal with 25 pips being on the line