Brent oil price fell below the support level (June 6)

June 6th, Economies.com’s analysts’ latest opinion today: Yesterday, Brent crude oil prices showed a clear downward trend, breaking through and closing at 76.80, which will put the price under expected downward pressure in future trading Next, the target is to reach 75.70, followed by 74.30 as the next point. As such, we expect more losses on the day and a hold below 76.80 would indicate continued declines, a break above which would lead to another rally towards a test of 78.90. Today’s expected trading range is between 74.80 support and 77.80 resistance.