Trading idea for this week on ERUSD

FX:EURUSD   Euro / U.S. Dollar
Looking at monthly chart i think the uptrend for the EUR is over and we could see a significant downward move on this pair. Also Europe is planning to continue with its Stimulus for some more time....

For now this pair is in a range and i would assume it to be in this range for the next 2-3 weeks.

The bigger butterfly pattern from the daily chart , I doubt if it would complete and reach its D point
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