DXY is currently bearish and EURUSD has just broken a key resistance level. I had previous analyses of both symbols possibly appreciating, however it is unlikely that both will. USDCHF is directly inversely correlated with EURUSD, which means that if EURUSD goes up...USDCHF must go down..
Price is currently about to hit the trendline, along with the previous resistance now support.
I would have liked to see price lose a bit of momentum on the approach but price is on the descent down. I will still be looking for rejection in the area for possible longs however there is a possibility of price breaking this level, find support at the based of the fib and maybe for a H/S pattern.