Analysis points to the fact that now is a good time to start the process of selling Rands. The has recently been oversold, this also corresponds with the lowest low of the recent trend. Since then there have been two higher lows, with the recent high being passed and the previous high nearing being passed. If the price goes above the 13.96 high then the previous down trend will have likely ended. Therefore a good time to go long on this pair (sell Rand). There are chances of retracement lower, these will merely be opportunities to sell the Rand (buy / go long USDZAR ).
Here is my current chart for it, with my entries both longs and shorts.
I am expecting it to aldo move very bearishly however I am only dubious due to the 3rd touch of the bottom TL. Let me know your thoughts!