Wall Street closed higher amid upbeat US economic data

FXstreet.com (San Francisco) - The US stocks closed near to highs on Tuesday in a key reversal day according to technician experts. Investors cheered upbeat retail sales data and drove S&P 500 to best 2014 day and the Nasdaq to its highest close in 13 years.

The Dow Jones posted its first positive day in 5 sessions and it rose 115.92 points or 0.71% to end the day at 16,373.86; the S&P 500 added 19.68 pts or 1.08% to finish at 1,838.88; and the Nasdaq Composite won 69.71 pts or 1.69% to close the session at 4,183.02.

GBP/USD a continuation pattern

GBP/USD is channelling to the downside and shaping up for levels through 1.6430 should the pattern continue.
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Flash: EZ industrial zone gathering pace; EUR - ANZ

Brian Martin, Senior Strategist at ANZ has noted the industrial zones pace of growth and effects on the Euro.
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