My stop loss was hit and I'm out (-0.5% balance).
Post Trade Review: I underesimated the effect of NFP on this pair. There was too much selling of EUR and my stop was hit amidst the volatility surge. To avoid this I will do more analysis on historical impact NFP has had on this pair in the past, hopefully this will give hints to deal with this in the future.
Second mistake was I was too confident and did not monitor the trade properly. The trade was in profit all the way to NFP release and there is more than enough time to move the stop loss to break-even or even more aggressively to profit near the "broken" Pivot 1.66197. Again this is also stem from not understanding the NFP's magnitude. In the future, I will pay more attention to trade monitor process when I'm not at the desk.
Side Note: Pivot point of the current week gets more important toward Friday ending and thus can be used as soft support/resistance for trade.
Forecast: I still think EURNZD can move up but I will not jump the gun at this point and instead assess all the other pairs more carefully to select trade for next week.