Checking Fluid Level
WARNING: This page does not describe the selected car, but rather 8 other vehicles, including the 1987 Ford Ranger, 1987 Ford Pickup, 1987 Ford Econoline, 1987 Ford Club Wagon, and 1987 Ford Cab & Chassis. However, it is still accessible from the selected car via links, so may be relevant.
Check lubricant level at transmission filler plug hole. It should be level with bottom of filler hole. Add lubricant as needed.