At around 2 o'clock in the afternoon, Lin Haocang opened his eyes, yawned twice, and got up and walked out of the lounge.

After a simple shower, I came to the wine cabinet, took out a bottle of top-quality French champagne, and then poured myself half a glass, leaning back in the boss's chair leisurely, tasting the wine.

After a few sips, he opened the USD/CAD chart and saw that the USD/CAD pair had risen to 1.0700.

The 1.0700 level, which is the highest level of last week, has strong resistance here.

Last week, USD/CAD twice tried to break through this resistance zone, but without success.

Yesterday, Monday, USD/CAD also rose to the level of 1.0700 during the American session in the evening, but could not break through this resistance zone.

Yesterday USD/CAD finally closed at 1.0630!

In today's Asian session, USD/CAD began to rise slowly after the open, and by the time the European session opened, it had risen by 70 points.

Lin Haocang did not hesitate and immediately began to short.

However, now the trading volume in the market is very small, and he can't bear to smash the market, in order to eat more buying orders at a high level, so he opens a position very slowly, and only shorts 5,000 lots at a time.

If USD/CAD falls too fast, Lin Haocang will stop opening positions, and if USD/CAD rises, he will short 5,000 lots.

Time passed slowly, and Lin Haocang had a lot of fun while tasting fine wine and shorting USD/CAD.

USD/CAD slowly began to fall under Lin Haocang's shorting.

By 6 p.m., Lin Haocang had shorted a total of 900,000 lots.

And USD/CAD also fell by 100 points, from 1.0700 to 1.0600!

Lin Haocang's short position made USD/CAD slowly fall by 100 points in these 4-point hours, and in the 1-hour chart of USD/CAD, 4 negative candles appeared in a row.

In the one-hour chart, there is a bearish arrangement of the moving averages, and all the candlesticks are below the moving averages, which is simply a perfect short signal!

And the USD/CAD pair has already risen for the fourth time to near the 1.0700 level, and then it was defeated.

It's scary to think about, at 1.0700 it seems to have a big mouth, and you can eat as many buy orders as you want!

USD/CAD has not been able to break through the 1.0700 level four times!

And in the one-hour chart, there is a bearish arrangement of the moving average, all the K lines are located below the moving average, and there are 4 black candles in a row, which is a bad omen!

The bulls in the market have already generated a sense of panic!

Although USD/CAD is supported at 1.0600, the bulls in the market are losing confidence.

"I'm so tired, my fingers are sore!"

Short 3,000 lots at a time, a total of 900,000 hands, is 300 times, which is really sour fingers.

At this moment, the average position of the 900,000 contracts of USD/CAD in Lin Haocang's account is 1.0650, and the fluctuation of one point is a profit and loss of $9 million, and the current floating profit is 50 points, with a total floating profit of $450 million.

Shaking his neck, Lin Haocang got up and left the office.

·····

At this moment, in a building in Central, the headquarters of Tyborne Capital Management, a financial company with a capital of up to $4.2 billion.

A middle-aged Caucasian man, with big eyes, a big beard, and short yellow hair, his brow furrowed as he stared at the USD/CAD chart.

His name is Tyborne!

After the European session opened this afternoon, the USD/CAD fell slowly, falling by 100 points in four hours, which made Tybern start to worry inside.

They went long USD/CAD two weeks ago.

The account holds a long position of 1.5 million hands of the Hengsheng Index, with an average position of 1.0400, and a fluctuation of one point is a profit and loss of $15 million, and now there is a floating profit of 200 points, with a total floating profit of $3 billion, and the net value of the account is as high as $7.2 billion.

"Alas, I had a floating profit of $4.5 billion before, and if I closed the position at that time, I could earn at least $4 billion, and the account would be doubled, why am I still so greedy!"

When USD/CAD rose to 1.0700, they had a floating profit of 300 pips in their account, totaling $4.5 billion.

At that time, Tyborne did not plan to close the position, because USD/CAD was the fourth attempt to break through the resistance area of 1.0700, and he knew that once USD/CAD broke through the key resistance area of 1.0700, he did not know how many bears would be liquidated, and USD/CAD could skyrocket by hundreds of points!

His account may have earned more, but he never expected that USD/CAD still failed to break through the key resistance zone of 1.0700, but slowly fell by 100 points after the European session opened!

This made him conflicted and entangled!

After thinking about it, he felt that he would continue to wait, now that USD/CAD has been supported at 1.0600, and in the evening when the American market is over, USD/CAD will definitely be able to break through the key resistance area of 1.0700, and then it will definitely find a sharp rise, and the bears will rout at 1.0700!

An empty massacre could be staged tonight!

··

Time passed slowly, and USD/CAD kept oscillating around the 1.0600 level.

Tyburn took a deep breath and looked at the time, it was already 7 o'clock in the evening, and there was still an hour before the American market opened, so he got up and left the trading room, entered the elevator, and went to the Sichuan restaurant near the building to eat.

An hour later, the American session opened, and Tyborne returned to the trading room to see that USD/CAD was still oscillating around the 1.0600 level.

The fact that it did not fall below the 1.0600 level means that the support here is extremely strong, and he is relieved, just waiting for the bulls to launch a big general attack tonight and crush the bears at the 1.0700 level in one fell swoop!

Suddenly, he felt very uncomfortable in his stomach, obviously because he had eaten too many chili peppers tonight, and he was about to have diarrhea, so he immediately ran out of the trading room and ran to the toilet!

··

Soon it was half past eight in the evening, and the United States released an economic data.

ISM non-manufacturing PMI for June

Previous: 55.5

Expected: 55

Published value: 51

This economic data is simply too bad, it can be described as the worst in the first half of this year!

The U.S. dollar index plummeted!

The U.S. dollar has plummeted across the board!

USD/CAD is no exception!!

Instantly fell below the 1.0600 level!

The bears in the market have launched an onslaught!

In just 15 minutes, USD/CAD fell by 150 pips!

From the 1.0600 level to the 1.0450 level!

There is a super long black candlestick on the 15-minute chart!

Scare the bulls in the market!

I don't know how many retail investors burst into tears at the computer screen!

You know, after the opening of the European market today, many retail investors entered the market to go long USD/CAD on the way to the slow decline of USD/CAD, and all of them were trapped!

Now it's plunging another 150 points!

Many people's accounts have been liquidated!

In the retail trading rooms of Yingda Bank, Huifeng Bank, and Hengsheng Bank, it is really full of sadness!

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