The USD/CAD pair dips below 1.38 to 1.4004 on November 13, 2025—a 0.10% slide—extending its 0.23% monthly strengthening as BoC’s 2.75% hold and oil rebound bolster the loonie against Fed’s 3.0% CPI hawkishness, per Trading Economics’ update eyeing 1.38–1.42 year-end range amid tariff uncertainties. The breach tests 1.3985 support (FOREX24.PRO November 11), with 1.3850 50% Fib extension risking November low retest at 1.3821 if broken (FOREX.com April 16).
Technicals bearish: RSI oversold rebound from 0.7828 corrective bounce, decisive 55-day EMA (0.8007) break confirming downside to 1.3765 (Action Forex November 11). VT Markets’ October 29 forecast trades 1.38–1.42 end-year, November BoC mid-month decision key; CoinCodex November average 1.4200, year-end 1.4400. LongForecast November open 1.511, end 1.511 (0.1% down), December 1.516 average (1.553 high, 1.488 low).
The dip’s drive: BoC’s rate-cut cycle end and CAD‘s 0.09% 12-month dip counter USD vigor, DXY 104.3 capping. Projections: LiteFinance December 1.4520 (1.4100–1.4600 range), WalletInvestor early 2026 1.4190 rising to 1.4570 December; NBC October Q4 1.40, Q1 2026 1.42.
This dip unveils not pair’s plunge, but loonie’s durable dance—veiled veils of 1.4004 from BoC’s balance, where policy’s artistry yields reinvention’s radius in USD/CAD’s majestic march.
