With Dirk Kuyt out for a month with a shoulder injury, Hodgson has challenged Pacheco to grab the chance this will give him with both hands.
"I thought Dani did very well when he came on against Manchester City in the five or six minutes he played," said the boss.
"I also thought he did very well when he came on against Trabzonspor and he made a difference. He is a player that we really believe in.
"He is young but it is great that can keep giving him these opportunities and moments on the field and I think these moments will get even longer as the season progresses.
"Now we are in the Europa League, it is good for me too that I will be able to give chances to the likes of him, [Jay] Spearing and [Jonjo] Shelvey.
"They need games and we will have plenty of opportunities in the coming months."