Seasonality Analysis: Historical data suggests a bearish seasonality for AUDCAD during this period, indicating a higher likelihood of downward movement in the pair.
RSI Bearish Divergence: The Relative Strength Index (RSI) is showing a bearish divergence. This occurs when the price is making higher highs, but the RSI is making lower highs, signaling that the upward momentum is weakening and a potential reversal is likely.