US Dollar Index (DXY) US Dollar Index seen narrower trading range between 78.906 and 81.482 within broad triangle formation; remains neutral medium term.

US Dollar Index (DXY) has been consolidating within an 8-year triangle as shown on the quarterly chart. For the last 21 months staring from September 2012, DXY tested the 79.00 area 4 times which held, showing strong support at the level. The trading range has become narrower over the last 8 months as DXY trades in the range between the 78.906 low and 81.482 high.

US DOLLAR INDEX ($DXY) weekly chart

US DOLLAR INDEX ($DXY) monthly chart

US DOLLAR INDEX ($DXY) quarterly chart