in my opinion Liverpool's draw against Manchester City is also a big hope for Arsenal because Arsenal is certain to lead the standings. But as you said, Arsenal will meet Manchester City first because the Chelsea match looks like it will be postponed, and Arsenal will meet Manchester City at the end of this month as a guest and this is a tough challenge for Arsenal.
By the way, Chelsea's match against Newcastle ended with a score of 3-1 and the match will be over soon, and it is certain that Chelsea will win this match.
After this draw, now we have interesting things around Premier League title with now it's only for the Arsenal in case of beating Manchester City at the Etihad they could be title winner and in case of lost they were surely going to end with third spot with things are going to be tightened in coming weeks because we have just 10 matches remaining for the all teams and top three are having no challenging matches but still as we know Premier League is having too many surprises and shocking results, so anything can happen, but this match brings good chance for the Liverpool and Arsenal to become champions now how they will be performed it's all on them.
In these difficult conditions with too many injuries Liverpool done good job and having draw is surely near the win for them now we will have next round for the big teams on 30 March, so this is good time for recovery and having back their top players as well from the injury.