EURAUD CUP AND HANDLE PATTERN

Strong bullish wave ended at level 1.6293 and then correction occurred until 61.8% Fibonacci level at 1.6088
Price respected this level and then going upwards
MACD shows bullish momentum
Price is above Moving Average 100
EURAUD is forming cup and handle pattern
we r waiting for price exceeding the resistance level at 1.6170 for targeting the supply zone near level 1.6293