Ford Enthusiast

[Intuit]

'94 1.9 LX 5-speed manual shift.

See attached pictures.
Description - Looking up at the transmission from the bottom of vehicle. Centered is the transmission sensor with two green wires feeding it. (one is detached) Orientation: Left are the shift linkages. Right is the front of the vehicle. Top is the drive-side axle. Bottom is the passenger side axle.

The wire on this sensor has been broken for as long as I can remember. There used to be a tiny widdle nub of wire hanging off the sensor and had once resoldered the wire back to it. With no practical way to protect or secure it, that naturally didn't last long.

So the question is, what is this sensor called and what function does it serve ? What impact, or what are the consequences of it being disconnected ?

Best guess is that it may tell the computer whether I'm in neutral ???

Thanks for you time...