NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1130 R1-1115 S1-1085 S2-1070
Nickel dropped as signs of low U.S. inflation cut demand for commodities as a store of value.
US CPI fell 0.2% MoM in August, down for the first time since April 2013, due partly to falling energy prices and the global economic slowdown.
After the Fed announced its September policy meeting minutes, US dollar index hit a record high of 84.814, weighing down base metals prices.
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