The analysis suggests a bearish outlook for EURUSD and a bullish outlook for DXY. The EURUSD pair is currently at 1.1550. The target for EURUSD is 1.1440, with a failure bound at 1.1580. The DXY is currently at 99.50 with an upward movement, and while it may pullback to support area it is predicted to continue up to 99.88, if DXY closes below 98.60 the analysis would be invalidated. The EURUSD is breaking down from a February trendline and coming off channel resistance, and a single print around 1.1573 and Wednesday's low are mentioned as key areas for potential retest. DXY showed a breakout of the descending channel, with a breakaway gap. This setup on DXY indicates continued upward momentum. Overall, the analysis favors short positions on EURUSD.