$WCT is breaking down after a massive rally to $1.398. We then started a massive pullback.
Support lie between the fib level 0.5 and 0.786 that is between $0.7963 -$0.4501. We need to hold this area for a bounce to play out.
In case we lose $0.4501 then I will expect further downside to support at $0.3393. In case we lose that the I will expect a reset of the lows made below $0.191.