Today's Support and Resistance Levels:

Support Resistance
S1: 1.5265 R1: 1.5339
S2: 1.5233 R2: 1.5398
S3: 1.5209 R3: 1.5450

Technical Overview:
We saw the expected rally from the 1.5131 low taking out minor resistance at 1.5293 for a move towards 1.5398. Thereby, we got the first indication that an important low is in place at 1.5131.
In short term we are looking for a minor correction from 1.5398, which will most likely end in the 1.5233 - 1.5265 area for the next move higher towards 1.5450 and likely even towards resistance at 1.5698. If minor wave ii extends beyond 1.5698, the next target will be near 1.5801.
There is a risk in short term that the correction from 1.5398 becomes a shallow, but more complex and will drag on for 5 - 8 days before the rally from 1.5131 continues.

Trading Recommendation:
You should be long EUR against NZD from 1.5250 or from 1.5295 with a stop at 1.5125. If you are not long EUR yet buy at 1.5265 or wait for a break above 1.5398 with the same stop at 1.5125.