ZAR weakness despite USD pullback, considering implications

The $USDZAR action today, currently at 16.3754 and down about 0.80%, is interesting. On one hand, you have the general USD softness we've seen, which would naturally push it lower. However, the Rand has been under pressure for a while now, and any significant rebound often feels short-lived. I'm not seeing any fundamental shift that would justify a sustained move stronger for ZAR, despite the current dip in the pair.

Watching whether this is just a technical correction or if there's any underlying sentiment shift. Still leaning towards looking for opportunities to re-engage on the long side of $USDZAR on any deeper pullbacks, especially if global risk appetite continues to soften, or local South African data disappoints. The general trend hasn't really changed for me.