Looking upside breakout from wedge. However keeping mind coming elections in April, which could turn euro lower. NZD could be little overpriced so correction might be possible.
Test and fail of the downward trend line, as well as 2nd test of 50 Fib level, indicated a valid short entry. Price breaking and closing above/below any of the trend lines would mean that this setup no longer valid. Good sell opportunity until 1.4800