I have traded this a few times in past couple of months. In around 1.00 - 1.02 and out at 1.20 - 1.30
Usually have a stop running just under 1.0. Stopped out on Friday in the drop and took a small loss. Seems to have formed a H&S pattern so will watch over the next few weeks to see if 1.0 (neck line) still provides a floor.
Long term this will bounce back, think of all the elec powered cars that will need to be made out of light weight alum in the future.
My opinions only DYOR
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