This is the kind of headline you see before an extended squeeze

Some of the best rallies are built on skepticism and disbelief.

The Australian dollar climbed above the post-RBA high today in the second day of gains and there is little technical resistance for the next 200 pips to the upside.

If you're a bull, this is the kind of headline you like to see.

Also note that April is the best month on the calendar for the Australian dollar (but beware of May).

Update: Here's what happened in April in May.