TECHNICAL ANALYSIS BY NSFX 15.06.2014
Crude oil triggered many stop losses after the breakout of the multiple top in area 105.4. Next resistance 108.3 and then 110.3. Intermediate target would be the 2013 top at 112.11. The first relevant support is now 105.44 and to mantain a long term positive view on the commodity is important to not fall below the demand line generated last December.