The EURUSD is very likely completing a triangle, which ideally should end at ~1.1580, slightly overshooting the upper channel line. This will take a few more days, in the mean time the following developments are likely: 1) 200 more pips upside in EUR, GBP (C in flat), possibly a new low in CAD 2) Crude could easily get to 48-49 in a deep correction. 3) SPX may get to a fresh high (last one), as there is a possibly of an ending diagonal developing.
Once we exit the triangle, I think this will coincide with the long awaited sell-off in equities and bonds which is likely to last straight until the elections in the US. Enjoy the sunny and quite August wherever you are!