Arsenal manager Arsene Wenger re-iterated that a decision regarding his future at the club will be made soon.
Having lost six of their last nine games in all competitions, a visit from Pep Guardiola’s side represented a tough test for the under-fire Gunners.
But having fallen behind to goals from first Leroy Sane and then Sergio Aguero, they twice drew level through Theo Walcott and Shkodran Mustafi for a 2-2 draw.
Wenger said: “It was a strange combination, we started very nervously, under pressure, and conceded the early goal but the team showed they are ready for a fight.
“On the mental front it was a very strong performance but on the technical front it can be better.
“A point, you could say mathematically it is not good for them nor for us but when you come out of such a stressful period, I think mentally it can make a positive impact on our team.
“We could not afford to lose, we went for it but the best chance came to Mesut Ozil in front of the keeper, you don’t expect him to lose the ball there.”
City too could have won it late on had Nacho Monreal been penalised for handball in the penalty area.
Asked if Arsenal had got away with it, Wenger said: “Maybe – I haven’t seen it but I’ve seen that their bench complained.”
As well as confirming his future will be ironed out imminently, Wenger revealed that Laurent Koscielny picked up an Achilles injury.
“You could see that the players were down after it went to 2-1 but they gave everything to come back,” Wenger added. “The draw is the least we needed today. Psychologically it was important not to lose.
“Koscielny has an Achilles injury, I don’t know how long he will be out for.
“We are in a tough battle for the top four. I am professional and I have shown great loyalty in the past. I love this club, I don’t know how long I will be here, I am clear in my head, that’s the most important thing. The decision will be soon.”