After what appears to have been a false break of the R12.85/$ level, the rand has resumed is short term weakness against the US Dollar and is now finding resistance at the R13.15 level. Circled blue we see the false break of the R12.85/$ level which took the form of a morning star candle pattern. The candle pattern suggests the end to the recent move lower and possible change in near term direction, which appears to have started already. The reversal pattern was supported by a strong move out of oversold territory by the Stochastic.
The broader picture for the currency pair suggests a sideways market. The reversal off support has already occurred (circled blue) as mentioned earlier. To unlock further gains for the USD/ZAR pair, a break of the R13.15/$ level is needed, which could open up a move back to the R13.50/$ mark.