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This code is for the output shaft speed sensor. This sensor is mounted to the outside of the transmission and is fairly simple to replace. The symptoms you have are a common issue when this sensor fails. It's possible there could be a wiring issue or an internal issue with the transmission causing the code, but the sensor itself is the most common failure.
I am sending along a diagram of the sensor location to help. Just click the link below to see it.
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I hadn't heard back from you, do you need more help with this?