Illustrating USDX - EUR/USD Negative Correlation

Is this like for discussion or?.. The formula for the USDx itself is based on the Euro (and other pairs), but just over 50% the EURUSD? Is great for trading divergences (handy indi on earnforex.com for that)

USDX = 50.14348112 × EURUSD[SUP]-0.576[/SUP] × USDJPY[SUP]0.136[/SUP] × GBPUSD[SUP]-0.119[/SUP] × USDCAD[SUP]0.091[/SUP] × USDSEK[SUP]0.042[/SUP] × USDCHF[SUP]0.036

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