WTI Crude is holding on between $48/$48.50 support/resistance levels after confirming a 4 day consecutive streak in the green, as investors await on U.S. stimulus developments while tighter Covid-19 restrictions on travel and surging infections continued to weigh down on demand on risk sentiment. Markets are currently very sensitive to headlines, with $48/$48.50 support/resistance level to direct today’s session.
Support: 48 / 47.60
Resistance: 48.50 / 49
![SquaredFinancial Daily Market Outlook](https://s3-eu-west-2.amazonaws.com/livesquareddirect/wp-content/uploads/2020/12/18114255/WTI-18_12_20-1024x537.png)