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On June 1, Economies.com’s analysts’ latest opinion today: Brent oil prices fell further yesterday, falling below the first target of 72.05 and reaching the 71.55 area.
Affected by the bullishness of the stochastic indicator, there is a positive trading signal today, and it may test the key resistance level of 74.30 before falling back. As long as the price is below 74.30, the downward trend will continue, and the next target is 70.15; and a breakthrough of resistance represents a bullish factor. Guide the price to try to recover and realize the rise from the 75.60 area.
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Today’s expected trading range is between 71.40 and 74.70.
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