The Three Lions, who currently sit second in Group H qualifying, take on San Marino in Serravalle on March 22 before heading to Podgorica to meet group leaders Montenegro four days later.
Whilst they are two points in arrears of Montenegro, Hodgson says it would not be a complete disaster if they were to lose or draw.
"(The next qualifiers) are obviously very important when you've only got 10 matches to qualify and only one team can qualify," said Hodgson.
"We have got three teams who can (qualify), with respect to San Marino, and when you play against those teams like Montenegro, Poland and the Ukraine the result is obviously of vital importance.
"With six matches to play, I would refute that the match (against Montenegro) would be decisive, but it's important we go there and play well.
"We go there to win and if we can win there, we do make our cause in the autumn that little bit easier."