Based on price action, I don't see (Long-Term) much supporting evidence of a meaningful correction &/or a reversal. Although it very well could happen, price action is indicating further price pressure. With that being said, I want to see substantially more supporting evidence before entering short at this level confirming support break w/ down trend continuation. Even with the price action today, USDZAR could be building up momentum to at least test the upper level of the consolidation range. I would go short if price moved up close to previous entry point. assuming it was supported by the price action at the time. It may even provide a better entry point.
Charts at the time of this post for reference: