NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1185 R1-1170 S1-1140 S2-1125
Nickel prices dropped as the US dollar index rose after Fed Chairwoman announced they will likely hike interest rates in early 2015.
Nickel prices dropped at the end of trading, and growing LME nickel inventories also weigh on nickel prices.
US industrial output for June grew 0.2% YoY in June, up for the fourth month in five, but missing expectations.
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