The argument that BEST supports the student's claim is:
The current in the wire has created a magnetic field with its north pole at the top of the rod.
This is because the current-carrying wire generates a magnetic field around it, and if the north pole of a bar magnet is repelled (moving away from the rod), that suggests a magnetic interaction between the bar magnet and the magnetic field generated by the current in the wire. Since like poles repel, it indicates that the rod has developed a north pole at its top, thereby supporting the claim of a magnetic field existing between the rod and the magnet.