EUR/USD is Entering Sideways Market

Today EUR/USD fell down on Forex after a day of growth yesterday and on the daily chart the currency pair’s trend is slowly transforming into a flat pattern rather than bullish or bearish trend.
April retail sales in U.S. decreased as expected — they dropped 0.2%, after gaining 0.2% in March.
Export and import prices rose in April. Import prices increased 1.8% after 2.9% rise in March — the growth was largely caused by the oil price surge. Export prices rose 0.3% after 1.5% rise in March.
U.S. business inventories were up 0.1% in March — below estimated 0.4% growth and even far below 0.5% gain in February.

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