1994 Ford Taurus transmission fluid leak somewhere around?

What is the leak near?

Most common concern for front seal leaks is the torque converter. The have a tendancy to swell a little when they overheat. They then damage the seal. The seal and the torque converter will need to be replaced. But if the fluid condition is bad enough, you need to consider the fact that it may not be worth repairing with the high mileage.