The former Inter Milan right-back is unsure of his future at the Serie A club and a move to the Championship is an option in the eyes of agent Giovanni Bia.
"We are talking about and evaluating the prospect of him going to Watford," Bia told tuttomercatoweb.com.
"If the guy leaves Udine he will almost certainly go there because it is a club with links to Udinese and we believe it would be the best solution for everyone.
"We would like to make a decision soon. Faraoni is in a hurry to know his future."
The 21-year-old is capable of playing anywhere down the right-hand side of the pitch and came to prominence for Inter in the 2011/12 campaign, featuring 16 games for the Nerazzurri.