CBOT soybeans may retest support at $12.79-3/4

CBOT soybean November contract (SX26) may retest support at $12.79-3/4 per bushel, a break below which could open the way toward the $12.71-1/2 to $12.76-3/4 range.A projection analysis on the downtrend from $13.27-3/4 reveals a target zone of $12.71-1/2 to $12.76-3/4 formed by the 261.8% and the 2…