USD/CAD — Potential sweep toward 1.618 before a move lowerSpot, USD/CADSPREADEX:USDCADFibonacci_Code Price has reached the upper point of interest (POI). I’m allowing for another push higher to test the 1.618 level, followed by a reversal and further downside expansion. Another key imbalance has formed, providing the basis for this scenario. Within my model, I’m watching for a move to rebalance it toward the lower POI. My profit-taking plan is marked on the chart: close 75% of the position at 1.0 and the remainder at 1.414, completing the exit. I’m watching the reaction within the upper POI for confirmation of the bearish scenario.