• AUD/USD extended higher in mid-Asian session, bounced off the 0.73 handle to currently trade at 0.7318
  
  
• Steady Australian employment numbers and rising inflation expectations boosted the Antipodean
  
  
• Broad based USD weakness after yesterday's dismal data also kept the pair supported 
  
  
• Australia's participation rate declined from 65% to 64.9% helped keep the unemployment rate at 6.2% last month
  
  
• The benchmark S&P/ASX index also edged higher by strong gains seen in the mining and oil stocks on the back of overnight rally in oil prices 
  
  
• AUD/USD will be influenced by the broader market sentiment in the day ahead, US CPI data will also be closely watched
  
  
• Immediate resistance is located at cloud base by 0.7322 ahead of 0.7350 (session highs), while supports on the downside lie at 0.73 and then at 0.7230 (10 DMA)