The EURUSD pair surged higher during its latest intraday trading, recovering most of its early-day losses. The pair continues to benefit from positive support as it trades above its EMA50, which acts as a dynamic support base and reinforces the dominance of the short-term corrective bullish trend. Meanwhile, the relative strength indicators began to show a positive crossover after the pair managed to relieve its overbought conditions, giving it more room to extend its gains.