I will post here a screenshot about the Forex grid on EUR/USD. The future support and resistance zones are in the order-books. In order to get the whole idea about support and resistance it is important to have a look in the order books not only at the charts.
The prices very often overshoot the true support and resistance levels and that adds a lot of confusion leading to large errors in support and resistance identification relying only on charts.
The charts are often very misleading with lots and lots of fake technical patterns. Very dangerous are the patterns which rely on projections of volatility like projections of contracting of volatility.
Some of the supports and resistances are related with purely statistical limitations of the current price action.
However the practice is difficult, as the price series are fractal even if you put support and residence in random places you will find matches, and a lot of matches.
The primary support and resistance levels are at round numbers at every 100 pips.
At every 50 pips are the secondary support and resistance levels.
At the first shot have a look at the Oanda order book.
At the second shot have a look at the EUR/USD chart with plotted horizontal lines at round numbers.
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