At 3:22 of the second period in the Coyotes/Oilers game, Arizona requested a Coach's Challenge to review whether an Edmonton player interfered with Arizona goaltender Louis Domingue prior to Matt Hendricks' goal.
After reviewing all available replays and consulting with NHL Hockey Operations staff, the Referee confirmed no goaltender interference infractions occurred before the puck crossed the goal line.

Therefore the original call stands - good goal Edmonton Oilers.
Since the Coach's Challenge did not result in the original call being overturned, the Arizona Coyotes forfeit their time-out.