AUD/CAD 12H Outlook

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AUD/CAD 12H OutlookAustralian Dollar vs Canadian DollarFUSIONMARKETS:AUDCADFusionMarketsAUD/CAD remains in a clear rising channel on the 12H chart, but price has sharply rejected the upper resistance zone and is now pulling back toward channel support. MACD is showing bearish divergence, suggesting upside momentum is weakening. The key area to watch is support: a clean bounce could offer another long opportunity, while a breakdown may open the door for a deeper sell-off.