Price is near pivot level of 153'29 in line with 161.8% Fibonacci projection and 61.8% Fibonacci retracement. Price can potentially go to the 1st resistance of 156'17 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above the clouds
Price can dip to the 1st support level of 152'17 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection
As russo-ukraine tensions continue to escalate, bond prices will continue to increase with investors flocking to safe haven assets.