The reaction is
Cu⁺²(aq) ---> Cu(s) [reduction]
The species which undergoes reduction is able to oxidize other one thus will called as "oxidizing agent"
Thus Cu⁺² is an oxidizing agent
or Cu is a reducing agent
Al(s) ---> Al⁺³(aq)
Aluminium is undergoing oxidation
Thus is able to reduced others and hence is a reducing agent
Al is a reducing agent
or Al⁺³ is an oxidizing agent
Answer: Cu is the reducing agent, and AI3+ is the oxidizing agent.