U.S. Dollar Index (89.61)

In my U.S. Dollar comment on February 7th, 2006, I said I thought the U.S. Dollar was building a short term base with a view to moving higher in 2006. I still believe that this is the case, but am now concerned that over the short term this base building process might include a correction to the area of 88 before moving on higher. Just a heads up here.