The 1991 bronco has a e40 transmission was towed because fluid pumping out of the top vent releasing the fluid to the ground it stop shifting reverse wasnt working now reverse works and the forward gears arent fluid still pumps out of the top vent
SOURCE: Automatic Tranmission forward gear works reverse doesn't
YOU HAVE A SHIFT SOLENOID THAT HAS EITHER FAILED OR IS STUCK, DO YOU HAVE ANY TRANS TROUBLE CODES?
SOURCE: vechile will not shift into park or reverse
The first thing to check is the linkage. Sometimes the linkage will slip, Block the wheels on the car (both front and rear) to prevent rolling. Locate the shift linkage on your transmission, and loosen the nut. You should be able to move the shift lever through all the gears, including "P" and "R". Place the transmission shift lever in "Park" (on the transmission) then move the shift lever (inside the car) in the "P" position and tighten the nut (not a bad idea to use a new locking nut here) You should now be able to shift through all gears. If this does not work, you have a more serious problem that may include a worn or broken belt or broken parking pawl inside the transmission.
SOURCE: The 5r55e automatic transmission would
My guess is the cable needs adjustment on the shifter.. seems to have slipped maybe a loosened hold down bolt..these have to be precise, good luck!!!
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