click the ALT+Z button to "Undo" zoom features.
this is basically a shortcut to go back to the previous view you have. its a huge time saver.
This might not help you now though if you have saved the project in this state.
to zoom vertically, hover your mouse on the timeline until it turns in to a mini magnifying glass.
then drag down or up to zoom vertical / or left right to zoom horizontal.
Hope this helps.