Is Beaten-Up Kiwi Due For A Bounce

Update: Closed half at 0.8295
Profit/Loss(pips)= +65

A long setup on the NZDUSD pair, as price prints a bullish reversal hammer candle at confluence of support level, the 200 and 50 days SMAs, and the broken neckline for the major double bottom pattern that was broken earlier. A break below this support area would be strongly bearish.