NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1140 R1-1125 S1-1095 S2-1080
Nickel dropped amid concern that a warehousing probe in China will curtail use of the metal in finance deals.
The International Monetary Fund (IMF) cuts China 2015 economic growth forecast to about 7% from April's forecast of 7.3%.
The US consumer credit increased by USD 26.85 billion in April, up 10.2% YoY, the fastest growth since July 2011.
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