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You say it won't go into overdrive, but it operates in third and fourth gears? Fourth gear *IS* overdrive.
I think you may mean the torque converter clutch isn't locking. It should lock in third and fourth gears. It is controlled by the PCM (Powertrain Control Module) and a solenoid inside the transmission pan.
If the electrical connectors on the transmission are dirty it can interupt the signal to the solenoid. The solenoid could also have failed. It is possible, but not likely, that the PCM is bad.
Mark
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