Brent edging back towards $74 again- will it break below that level?

As noted here earlier this morning, the price of Brent crude for December delivery fell back from a high just above $76.50, to nail the $74 handle later in the session. Well, earlier today Brent was trying to rebound, but more recently it has started to fall back again. So, it looks like that $74 level could be back on the radar again and that might hold, but then again it might not and it would not be a surprise here, if a break of that level (if seen) would deliver some further downside. Of course it has to get there first and that remains to be seen. Brent is currently trading at $74.25