NIKKEI
The BOJ's decision to keep its benchmark interest rate on hold helped the Nikkei index rise 290 points to 27840 on Thursday.
The Nikkei index is likely to be bought further this morning (22/7), targeting the resistance at 27900 amid the BOJ's dovish decision and Wall Street's strengthening outlook. However, if it moves down to below the level of 27640, there is a chance to sell it to test the support at 27600. The potential trading range for the Asian session is at 27600 - 27900.
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