$LAZIO is trading around 1.003 after a clean recovery from the 0.98 demand zone. The impulsive push to 1.005 followed by shallow consolidation suggests strength, not exhaustion. Price is holding above the psychological 1.00 level, which is now acting as short-term support.
On the 1H timeframe, the structure shows higher lows and bullish follow-through, indicating momentum is building rather than fading.
Market Structure Overview
Short-term trend: Bullish
Key Support: 0.995 – 1.000
Key Resistance: 1.005 – 1.020
Bias: Bullish continuation while above 0.995
Trade Setup (Continuation Play)
Entry Zone:
0.995 – 1.005
(buy on dips near reclaimed support)
Target 1:
1.020
(previous supply / range expansion)
Target 2:
1.045
(next resistance zone)
Target 3:
1.080
(momentum extension if breakout sustains)
Stop Loss:
0.985
(below structure low and invalidation)
Execution Notes
A 1H close above 1.005 with volume confirms continuation.
Conservative approach: wait for a pullback and hold above 1.000 before entry.
Losing 0.995 weakens the setup and shifts bias back to range.
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