CBOT soybeans may fall into $11.97-1/2 to $12.06-3/4 range

The CBOT soybean January contract (SF27) may fall into a range of $11.97-1/2 to $12.06-3/4 per bushel, as suggested by a projection analysis and a falling channel.The downtrend looks steady within a falling channel, which points at the target zone, formed by the 361.8% and the 338.2% projection lev…