NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1175 S1-1145 S2-1130
Nickel dropped as inventories rose, giving investors a reminder of an overhang of material despite an Indonesian export ban.
However downside was limited after upbeat U.S. jobs data raised the prospect of higher demand for industrial metals.
In the US, wholesale inventories and sales both missed expectations in May.
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