The analysis evaluates EURUSD on a weekly timeframe, identifying an equidistant channel formed since 2022. EURUSD tested resistance around 1.19 and subsequently pulled back, with a long upper wick suggesting market rejection. A Fibonacci retracement from the recent high to the weekly close indicates a potential filling of areas around 1.18. A breakdown below a trendline on the daily timeframe would need a daily close below the trendline and a retest.Targets are set at 1.1564 and 1.1440 as lower magnets. The DXY analysis considers a broader channel since 2011, noting it came off poor lows near 96.60.A weekly close above 97.7 is said could drive the DXY towards an imbalance around 99.88 and possibly 100, but as of this moment there is no such confirmation.