I'm entering gradually into a long position here. NZDUSD has built a significant monthly mode here, which could evolve into a breakout and eventual monthly uptrend. The weekly is neatly oversold into support, and flashed a buy signal courtesy of RgMov, so going long gradually here is a good idea. Don't risk much, I would consider a drop below 0.689 a good invalidation level for this trade.
4h and daily charts show potential for a rally as well, so you could see rapid progress within a couple days, hence, you should average in during 3 days until you have maxed the risk on the trade. Risk a maximum of 0.5-1%.