NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1175 S1-1145 S2-1130
Nickel seen supported as China’s economic indicators were upbeat, with June’s lending and money supply rising faster than expected.
US retail sales data fell short of market expectations, but New York Fed's manufacturing index hit a four-year high.
In the euro zone, the ZEW indicators of economic sentiment for the euro zone and Germany turned out weaker than expected, while the US economic signposts were mixed.
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