Aud/cad. Give me analysis for today

The AUD/CAD currency pair is exhibiting mixed signals, making it a complex pair to trade today. Here's a detailed analysis:

1. Technical Indicators: The AUD/CAD pair is currently trading near the 0.9187 pivot level. The 14-day Relative Strength Index (RSI) is close to the overbought threshold, indicating potential downward pressure. However, the pair is also trading within an ascending channel, which suggests a bullish trend.

2. Market Sentiment: The sentiment around the pair is mixed, with some analysts expecting a potential downward correction due to overbought conditions. Others are looking for a potential upside from the bottom of the channel. This suggests that while there is potential for a pullback, there is also a chance for further gains.
3. Support and Resistance Levels: The immediate support level is at 0.91758, with a stronger support at the nine-day Exponential Moving Average (EMA) at 1.3718. The resistance level to watch is the upper boundary of the ascending channel at approximately 1.3840.
4. Broader Market Trends: The AUD is influenced by its alignment with Australia's economy and emerging Asian markets, while the CAD is closely tied to the US as its largest trading partner. This could lead to divergent trends in the pair, with the AUD potentially being more influenced by domestic factors, and the CAD by external factors.
5. Recent Performance: The AUD/CAD pair has shown volatility, with recent price movements indicating a potential for range-bound trading. This could make it challenging to predict with certainty the direction of the pair in the short term.

In conclusion, while there are signs of potential downward pressure due to overbought conditions, the bullish trend within the ascending channel and the proximity to support levels suggest that the AUD/CAD pair could still find room for gains. However, traders should exercise caution and consider the mixed signals before making trading decisions.